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Thanks in advance for any forthcoming help. So I bought my first home(triplex) last year. I used a conventional loan with 25% down. I live in one unit and rent out the other two. My mortgage is $1008 and I profit $3...
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As a young aspiring investor, I want to move to a city that will offer the most potential for me. I currently live in Iowa and am pretty open to moving anywhere. I wanted to ask the community their thoughts and perspe...
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Hey guys comments please....gave my lender a scenario and he came back with this, definitely going to talk with others as wellGood Morning Ryan, typically when we are valuing properties that a member has purchased and...
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Can you guys help me understand this? Why do so many people looking to rent ask if we are private landlord or management company? Thanks.
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Hello everyone, I am a newbie to all of this but I have been doing some research for some time now. I am leaning towards multifamily properties, duplex or triplex. I live in Minneapolis Minnesota and I want to soak in...
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Hey guys, Over the past month I've purchased 2 properties, one SFH for me to live in and one Duplex where I can rent out both units. I financed both properties through Chase. The SFH I had to had my mother cosign sinc...
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Hello all!
I just got back from a home buyers seminar at BMO|Harris Bank. No one showed up so it ended up being me with an agent, lender, and insurance agent. It was really informative meeting for me because ...
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Hey guys - I'm hearing conflicting advice on what lenders to go with for investing out of state.Is it better to go with a lender who is local to the area of purchase? Or does it not matter, it really comes down to the...
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After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....
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Not sure if this has been posted yet, but I think it is worth sharing. I heard on the Rental Income Podcast w/ Dan Lane, bonus episode from this Saturday "The Ugly Truth About Mortgage Forbearance", the long term eff...