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I am currently under contract on a fixer-upper Farmette (Maryland). Purchase price is 400k with at least 50k rehab needed. I have 100k liquid to put down. The property needs a new roof, windows, drywall, electrical, b...
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I am interested in a property. The property is going for $950k and 25% of that would be $237k. We do not have $237k laying around. How do people come up with that amount of money to cover the downpayment? For example ...
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Apartment investing seems highly profitable. How simple is it to get one financed for a unit over 1M. I understand evaluating the property and making sure it cash flows, but the financing side of the house I still hav...
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I've been a big fan of Mint.com for years. It allows me to track everything I have, categorize, export, and graph. I can set budgets and goals. It has a smooth browser and smartphone experience. It syncs real-estate w...
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I have recently had an offer accepted and was planning on using a home possible or home ready conventional loan with 5% down to finance a two family property. I learned that with this type of loan I will have to live...
I'm new to real estate investing and am prepared to make my first purchase. Regarding financing I have a few questions; here's the scenerio:a) 3 unit property with an 11.25 cap rate -- excellent location: 1 block from...
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Hello Everyone!9 Months ago I purchased my first multifamily rental property utilizing the FHA 3.5% first time home buyer mortgage. Things have gone well, and I would like to purchase another multifamily property. I ...
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Here's a question for the expert investors out there with experience buying multiple MFR condo's...how do you structure the financing? Recently I came across an opportunity to buy 34 condos for $600k, each needs a...
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I'm new to the REI game and have been looking at some quadplexes just to get some experience doing the financial analysis.
However, I'm missing a key part of the equation: what are some of the more typical financing...
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Me and my partner have recently set up a LLC and we are looking into options for a joint account to combine our money for our future purchases. What would some of you seasoned REIs to suggest which is the best type of...