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I am considering purchasing a 200K (have not found it yet) condo or close to the beach in St Petersburg area, financing 75%. I plan to use it as a vacation home but also as a short-term rental. The big question is wha...
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Hi, we are considering buying a short sale that would be ~60k under market value with conventional financing (20% down, 30 year loan). The property is in great shape so we wouldn't need to put anymore money in to it....
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Long Distance Self Managers! I live 2 hours each way from the property. I rarely drive down there but when it comes time for a new tenant I want to meet them and be involved. (This is a new purchase closing next week)...
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I've had my first rental for over a year right now. I've been told that lenders will factor in my rental income into my DTI to help secure a loan for another property purchase. A couple questions:1) How long do I ha...
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Hell All,This is my first post here on this forum. In fact, I am brand new to real estate. I recently finished “The BRRRR Rental Property Investment Strategy Made Simple.” In addition to this, I have spent a couple o...
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I’m currently looking into investing in real estate and one of my first approaches is househacking. I wanted to know if it’s a good idea to initially start off with househacking either a duplex or triplex within the C...
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Has anyone ever purchased a property via a hard money loan and then refinanced directly after into a standard 30 year mortgage?I know I heard something like a person cannot refinance until 4 months after a purchase bu...
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All,
The following link allows you to download a PDF document I put together showing the numbers on my investment properties. It shows my initial analysis prior to the purchases and the actual operating numbers for ...
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I am trying to get interest only loan to scale my portfolio and increase my cash flow. I would refi later . Looking for some inputs. Thanks
Hi everyone I come here for answers since the sellers agent does not have one for me . So I found a short sale property contacted the agent and tried to make an appointment for a viewing but unfortunately was unable t...