In general what to commercial lenders look for when evaluating loans for apartment complexes?
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Hey all! I am in search of a 4-plex to use an FHA loan on and house hack it. My question is can I wrap the closing costs into the loan instead of having to dish out 8000-9000 for this out of pocket? Looking forward to...
Curious what kind of screening people are doing in regards to unpaid student debt.? Has anyone put a cap on the amount of debt you will allow an applicant to have. If over a certain amount then automatic denial?
We currently charge residents a flat fee for water, $25 for a 1 bedroom and $35 for a two bedroom. My questions is, should I keep water a separate charge from rent or should it be included? Should I charge $750 for re...
What are y'all comfortable with? I think anything less than 1:1 is conservitive. I think 4 is ok as long as they are good cash flowing properties, but am unsure.
Do you think worst case, and make sure you can pay lo...
I think that a lot of people dismiss the actions of the Federal Reserve right now. They feel that they are all politicians and won't allow the economy to slide.I'm not so sure. I'm going to argue (or "muse") here, tha...
If I want to know how a REIT or any mutual fund in any sector has performed relative to the market and relative to its peers in the last 1 year, 3 years, 5 years or 10 years, I can find this out through a rating servi...
Good Day All. It seems to me that so many BP or successful REI stories are about scoring properties at a steal, and following up with potential sellers with umpteem phone calls to convince them into selling their hom...
a close friend approached me yesterday with a possible rental deal. He knew I was in the process of finding my first property and he asked if I'd join him on this deal. We went over the numbers, some are based on la...