As a person with an average salary, I was wondering what the maximum amount of DSCR loans a lender would give out would look like? I have one conventional mortgage and am looking for turnkey rentals, which there are m...
Inspired by @Brian Burke's harrowing story of surviving the economic meltdown, I'd love to learn what other lesson's people gained through that time. Many survived, some thrived, lost it all... While I don't think we...
Hi, I know this is a common problem in multifamily but I honestly don't know how to handle this since I'm not at the property myself and the situation escalated where the police has been involved.
Unit 1 is vacant a...
Hello, BP.
I first wanted to say thank to so many of you for the insight over the years that I've been listening and reading your input. This is my long overdue first post and it's based on a strategy that is a mixe...
Good Day,
I served four years in the US Navy and am approaching the end of my contract. As I transition to the civilian life I would like to utilize my VA home loan to start my real estate journey. Any tips?
Hello all,
I am currently living in a small apartment which I am renting.
Within the next 2-3 years I plan on buying my first home.
Currently, my parents are looking to downsize their home, and I came up with th...
As a passive investor in an apartment syndication, you receive distributions along the way, then a larger chunk if/when the property sells or is refinanced.These payouts to the investor are typically deemed either "Re...
Got a potential tenant who told me at the open house that she had been evicted from her last apartment because she refused to pay the rent due to it having black mold and the property owner refusing to fix it. She sho...
I’m located in Toronto currently invested in a condo downtown that I purchased 2 years ago. Own a commercial building in the Greater Toronto Area where I operate my business out of and renting out the other half (free...
Investment Info:
Single-family residence fix & flip investment in El Paso.
Purchase price: $225,000
Cash invested: $30,000
Sale price: $340,000
Three level, single family home, 5 bedroom, 3 b...