So I called them and they are telling my that they offer private financing for investor properties. The loan requirements is 75% LTV, minimal of 500k loan, and a minimal of 5 "doors". My thing is how am I going to ge...
Which of these areas would be a better play for house-hacking in terms of likely appreciation over the years and rentability to potential tenants? Thank you in advance!
Hi everyone,I was hoping I could find some advice here on renting to prospective retired tenants in their 70s. The prospects have great credit score and savings but don’t have a monthly 3x. I am not sure how to consid...
Hi BP, I've got a personal question. My folks are giving us(my family) their big house in exchange for us building them a small living quarters. It'll cost $100k+/- to build. We have that saved in cash. Do we pay for ...
I have a commercial property free and clear (land and building) and want to borrow against it. I want to use the money to reinvest it in cash flowing rental properties (SFR and/or MFH). Any suggestions about what typ...
Hi newbie here.
I purchased my first investment property past July and is now rented, paying for it expenses and generating a couple hundred dollars each month. I told my buddy, who is in another country, about thi...
Trying to establish an initial relationship with banks so as to qualify for a commercial RE loan. Can my business partner transfer an X amount in my business checking account for me to “borrow” and eventually give bac...
I am wondering if there is a certain amount a bank accepts to do a rate/term refi? I know some banks, at least here in Illinois, have a minimum of $50K loan for a purchase. I'm looking into HML and/or private loans ...
So I landed a great deal, and actually this is my first under contract!I've worked out the numbers a hundred times, and know it's an easy 14% ROI with minimal work. However, the first investor I had in mind for this ...
Hey everyone,I am about to purchase my first investment property, maybe, and I am trying to find out the best way to go about it. I have an MLS report and I’m trying to figure out the ARV but have not studied too many...