I saw this online the other day. Its percent of home payment to median income which has been skyrocketing over the past few years. I had mentioned in the past 1 of 2 things is going to happen:1. This goes back to the ...
Hello all, So I'm under contract for a property worth about $400K, and right when the loan agent sent the loan disclosures over to sign, I see the news about the rate cuts. So I held off signing anything. Naturally he...
I have recently been divorced and my ex and I co-own a 2000+sqft, 3br, 2.5 ba, 0.75 acer property with an additional 16x25 office space that has its own exterior entrance/exit and 0.5 bath, and a large one car garage....
Hi,I'm looking at a property on an Island to use for Airbnb & VRBO. The home is currently used for this and making great numbers. Based on the actual numbers given my profit margin should be around 40-45% of gro...
The future of real estate is constantly evolving, with mortgage rates and rent increases playing a crucial role in determining the landscape. As rent rates continue to outpace mortgage rates increases, many individual...
Just want to thank everyone for all the info provided here. I bought my first rental about 1.5 years ago. Last week I collected the deposit to rent out my second unit. This house was purchased as my primary 4.5 year a...
I currently have one investment property in Fort Wayne, IN. This is a single family home and was originally a primary residence before turning it into an long-term rental.Some strategies I'm considering to grow my por...
Hello,
I am in the process of purchasing a property for $1.17M and plan to put 25% down with a DSCR loan. My lender said it would be best to go with DSCR instead of conventional loan. My goal would be to either refin...
I love the BRRRR method, having scaled my real estate portfolio from just 2 units to 18 in 12 months (From 2 units to 18 Units in 12 Months), and later from 18 to 60 units in the early months of the COVID-19 pandemic ...
What does this mean for existing investors and potential newbies? Lower rates? Higher barrier to entry? Side effects? https://cheddar.com/media/fed-slashes-rates-to-near-zero-eases-bank-lending-rules I look forward to...