Hi I am a long-term real estate investor and I have stumbled upon when I think is a great opportunity and I'm looking for a little advice.
While looking to purchase a vacation home in Kennebunkport Maine I came acro...
Hello, TLDR: Work-ready SFR for full rehab on owned property, purchased for $125k in August 2023, needing $160k for rehab (total costs $285k, ARV $420k). I am looking for a private lender to finance my rehab on an alr...
Scenario: you have an applicant that is moving across the country and puts in an application to rent your house and you require 3x rent which is 85k a year. The applicant has a partner who brings in 45k and the applic...
Hello everyone, I have recently started helping out a family member with their rental property and have found out that they have no screening process for tenants. This has obviously led to many issues in the past. I h...
From HUD website:Federal Housing
Administration Increases Dollar Amount Threshold for Large Multifamily
Loans to Be Eligible for Standard Underwriting
Change facilitates greater flexibility for lenders when under...
In order to show a unit I require that a prospective tenant has a monthly income of 3x rent. But that leaves more room for error for a single tenant than for a family of 4. would it be discrimination based on familia...
Hey,
with the way that the market is going at the moment, Oil prices going up, the cost of living shooting through the roof, is it a good time to get involved in a personal loan, because the government may drop inter...
Hey everyone! In your opinion, do you think multifamily transaction volume will increase in 2024?There is some discussion that rates will decrease in 2024. $1.9T worth of CRE loans are set to expire by the end of 2025...
We are based in central Iowa and are considering a move out of area, at some point in time. At this point it is more of just an outside thought/longer term option, under consideration. However, we are active in reha...
I was talking with a friend and we discussed something that I havent really considered before.He claimed that he was underwater on his house because if we wanted to sell it he would only be able to sell it at market v...