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Bank is not wanting to loan me money on my own home......I purchased a home CASH. I fixed this home CASH. I sold this home on contract last month to some good people. I want the bank to loan me 80% of it's value an...
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Hi everybody, I'm shopping for a 30-50 unit MF apartment building and am trying to work some calculations for reserves and rehab costs. I have an ever growing list of data points that suggest investing at least $5,000...
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Hey Everyone!I am actually taking one of my first real estate classes in college and every weekend we have to read multiple articles and comment on it. After several weeks of reading I found that houses prices are dec...
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I am a new member and found the site through the book How To Invest In Real Estate Ultimate Beginner's Guide. I am a licensed Realtor in Akron OH with Keller Williams looking to buy my first investment property. I am ...
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Has anyone seen the crazy rates today 2/14/22 for investment properties??? I just spoke with my broker and she said it is at 4.875 (no points). If you have insights into this or have any ideas if it will go down in Fe...
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I have been looking @ this formula w/ real case scenarios. The only way you can make this work is with very low price homes in suspect area. Now, if you do that, what's the quality of the tenants going to be &, ev...
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Hello,A little background. This past year we have run the gamut of GC's. A fellow rehabber was taken for 23k. The GC just took the money and never showed up. I had a few bad experiences culminating with this last ...
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I am thinking of getting a line-of-credit from a local credit union, and the best floating ARP I can get is the prime rate, 3.25%. But I can not pay off in two years. So do you think this is a good deal? Will the prim...
Hello,
I am looking to get financing on my first deal. I am looking at purchasing a multi-family apartment (max of 4 unit) through the FHA program.
I am 22 and self-employed. My gross income is a lot higher than my ...
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I got into a discussion last night concerning the stability of various investments during extreme economic downturns. My mother in law - a custom SFR developer almost lost everything during the last recession when th...