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I was recently offered 6.75% (5,5,5,5,5) and 7.25%(5,4,3,2,1) for 75%LTV with a 1PT close on a 700K property I own outright --- Is this a good deal?
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I have an interest in two beach homes that have really strong income history. Even with that being considered interest rates for jumbo loans are making the financing tough. Is anyone familiar with a a product and lend...
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Our first flip. Brought a property for 86k rehab about 120k. Homes selling in the area for 320-370k.I’m financing, my brother is and agent/wholesaler. We are splitting 50/50. With covid, acquiring permits in Chicago m...
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I am about conduct a local flip with a new partner. My financial obligation in the deal will be to provide the funding for rehab costs. While I have some cash for this, I was going to get a line of credit as a quick s...
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I'm a recent graduate moving to the San Francisco Bay Area in October for a job with a technology company. I'm married and we have our first baby on the way so we're looking for something that's at least a 2 bed 1 bat...
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My partner and I have a 4-plex in a multi-member llc. It is paid off and worth 240K. We would like to pull out the cash to use for more purchases and had some questions around this. I am experienced with convent...
Hello, I've been practicing with numbers on the rental analyzer and need help with a closer number to use for insurance on a duplex, tri or quad. Sq ft has been between 3400 to 5000. Areas is Park Ridge, Des Plaines, ...
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Hello, I am very interested in a property that is currently on the market for ~150k. I am attracted to this property because of its proximity to a nice neighborhood and the 1/2 ACRE! However, because of termite proble...
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Hello, I recently started marketing to Multi Family owners in Kansas City. I received a call from a possible seller yesterday who has a 4-plex; but has little to no data on the building. (To add to it, he recently h...
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I am trying to target a specific price point for homes we are marketing to. I am using Listsource to generate a list. At first, I was trying to use "Assessed Value" to focus the results as it is free (or not charged a...