Twan Torr
Need Professional Opinion/ FHA 203K Property
I’m in a huge dilemma and I really could use you professionally help.
I’m currently a resident in Milwaukee WI. And I’m in the process to buy a duplex (four bedroom 2/2)that needs some work.
The work that needs to b...
Nathan Robinson
Purchasing Short Term Rental to offset W2 income advice (TX)
Hi folks, I'm looking for ways to offset the taxes that I will owe on W2 income. I came across the short term rental designation that allows for asset depreciation to offset W2 income. This combined with the 100% bonu...
Christian Johnston
Appreciation: San Diego
I am looking to invest in San Diego despite the high costs. I am doing this to reduce my rent by about $1000 month (I have found multifamily properties where the numbers work). I plan to keep the property long term an...
Sam T.
Lender terms changed after going under contract
I obtained a signed pre-approval from a lender for a short-term rental (STR) investment at 80% LTV. This pre-approval was specifically tailored for the STR investment I had in mind. However, shortly after securing the...
David Honeycutt
Refinancing primary residence
Hey guys, my girlfriend and I purchased our home almost a year and a half ago we went with FHA loan so we have very little equity in the house. About a week ago we received a letter in the mail from Sun West Mortgage ...
Jonathan Leake
Should I Require Renter's Insurance?
Hello,
I was thinking about requiring renter's insurance as part of my lease. But now that I am looking over the lease documents and there is this section already in there: "All personal property placed in the leased...
Batool Hussain
Deal Too Good To Be True?
I am an OOS investor and found a quadplex that I am interested in. I am getting mixed feedback on the area in KS - from the area is not where one would feel safe at night, to there is a lot of investment going on in K...
Tom Dillinger
My first home - investment property?
Hi all, newbie here. I have read many threads and sincerely value the experience and wisdom of many of you.
I am a 24 year old young professional, I make 30k/year. I have 30k sitting in the bank and am interested to...
Everett Stephens
Analyzing my first multi-family transaction...
Greetings! Thank you much for your time and consideration with my newbie question. We've been a SFR company in Memphis, TN for about a year with 20 units and growing steadily. I've found a couple of potential multi-...
Eyal I.
Construction loan refi
HelloI am about to complete the construction of 2 new duplexes in the DFW area with a $1.5M construction loan. Latest appraisal for the 4 units came back at $750k per unit or $3M total and my estimate for renting it i...