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...
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 ...
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...
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...
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...
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 ...
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...
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...
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...