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There is a stockpile of reasons to suggest troubling times are ahead:1. levels of forbearance on mortgages2. high unemployment3. the fed pumping trillions prop up the market for months4. The expected massive jump in p...
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I have several properties where it takes 4-5 months of GROSS rent just to pay the annual property taxes. Is everyone else seeing this with their properties??????
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I have a 10 unit under contract. It is in a decent area with decent school district. It is in a two acre lot. Property details
3 two bedrooms3 studios (very small) 4 1 bedrooms 10 feet deeded lake access. it is not ...
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Hi, I'm looking to access the equity of my 10 mortgage-free SFH rentalsI know that I can set up a HELOC for each home, but that will give me 10 different HELOC accounts to manage, which would be a PITAAre there any al...
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Can you get an appraiser to consider STR income on a multi-family for a cash-out refi? Assuming they use the income approach, rather than comps.
I'm guessing the answer is "it depends," but I was hoping some of you ...
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Many times I have to address the difference between Replacement Cost and Market Value to my clients. Unfortunately, there is a disconnect between Mortgage Underwriters and the actual distinction between the two. The m...
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I am looking for long-term refinance lending to follow on from my hard money lending for purchase and a rehab. The values on the houses after rehab are from 50k-80k approx and we are from overseas with LLC's in Ohio. ...
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I'm looking for a cash out refinancing for a 2 family. Property is valued at around $550K to $600K. I bought it for $450K about 3 months ago and renovated it. I have a high credit score. I'm looking for an 80% LTV cas...
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Hello BPCan you use BRRRR Strategy on Turnkey Properties (Condo, Townhouse, and Apartment)?
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Amy from AL here...what is cap rate? What's a good cap rate and why? What's a bad cap rate and why?