I am having trouble getting conventional financing for a fix and flip deal on a SFH. The problem is our debt-to-income ration is too high to support both the mortgage and rehab costs. Details of deal- 225k Purch...
Y’all- I know there are calculators and I love that. But I’m also old school and neurotic and would like to do my own calculations. I know eventually it’ll be like driving and I will get the hang of it. Are there chea...
Hi, i am pre-approved for a 50k credit line from a local bank, if i just apply it and and not using it, would it affect my DTI ration for purchasing a home in couple months? thanks
Can anyone give me a pointer on how to find a deal? I'm a bit of a noob here, but the rational me might assume that if a park is listed on public sites such as loopnet.com, that they might not be a deal at that point....
Hello,I own a 2BR/2BA townhome. Since Jan. 2015. I have $35,000 equity. AROI is 15.14%. All in payments are $536/mo. Monthly Cash flow is $439/mo. (no reserves) Is it a sound investment to use $25,000 from existing T...
Hi guys,I am new to investing in real estate, and plan on buying a duplex or SFH for buy and hold, taking out a 30 year loan (also paying it over 30 years), and putting down 20% downpayment to start. If for some reaso...
For the tax wizards on the forum...For the moment suspend any sense of rationality and assume that there is a gov-mint mandate on startups that require them to do audited financial statements. They really don't have ...
I started investing a couple of years ago, and since then, it seems like the market has gone from hot to insane.Currently, I've been searching around in a city I chose, that isn't on any of the top lists for real esta...
Hello,I was looking for some advice.Background: I have 2 rentals, both are in my name right now, they are insured and I have an umbrella policy. 1 property is under a mortgage and the other I own free and clear. My st...
What is your best response to combat analysis paralysis?