I am getting started with investing in BRRRR. I haven't found a property that I like to invest yet, but I want to identify the lenders, get pre-approved and get all the paperwork done and out of the way. That way, I w...
What approach are you taking with impending interest hikes?
-Buy now for a higher price but lower interest rates
-Wait for prices to go down if interest rates go up (decreased demand) and deal with higher monthly...
Looking to all of you (the experts) to find out how I can successfully carry mortages on multiple properties without impacting my credit score. I have one conventional mortage on my STR and just starting drawing on ...
Hello all,I am doing some research on a potential purchase and I was wondering what kind of interest rates are offered on owner occupied cold storage warehouses?Also, what kind of LTV can you get?Building value is abo...
What are your thoughts on this? If you wanted to pull out ~$150,000 from a free a clear property, to buy (immediately) 3-4 less expensive properties at a distance, would you opt for a cash-out refinance or a HELOC? I ...
I bought a new house in Durham for me and it will be ready in October. I’ve lived in my current home (Raleigh) since 2018 and I’m hoping to keep it, but have several questions. My mortgage is $1400 and the house shoul...
Hello, Just met a hard money lender and his terms are 1.67% per month and 4 points. To find out the annual percent I multiply the 1.67 x 12, correct? So if I'm right, that would be 20%??!! Yikes. Thanks, Silvia
Is it possible to write off 100% of the repairs/improvements in the first year instead of taking it over a longer term? I put about $70k into a buy and hold this year and would like to write it all off. I understand t...
In the real estate industry, brand awareness
and lead generation serve different but complementary purposes, each targeting distinct aspects of business growth. Here's a comparison of the two:
1. Brand Awareness
De...
My partner and I just signed a p&s to buy a single family home in a great location near the beach. I believe it has great potential as a short term seasonal rental but we have concerns about how Covid will impact ...