We have found a house! We made an offer but after hearing the FHA loan isn't going to work for flipping we are at a dead end. We did research on the different options, and we just want to get some insight as to what w...
I live in S. Louisiana and we recently experienced massive flooring in the three parishes where I run my wholesaling business. My house was also flooded and now I am living with my son while my house is being gutted ...
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Hi,On a 8-plex we are offering on, the seller utilized a 5% cap rate with existing NOI(30k) to arrive at 600k purchase price. If the average cap rate in the area is between 7-8% on similar properties, adjusting this c...
Let’s say I want to BRRRR a single family home using private lender cash for the initial purchase. What is a typical or fair deal to offer a private money lender for his cash (assume I’m using none of my own money)? S...
Good Evening everyone!I live in a "condo/townhome" it's one of two under the roof. My neighbor approached me asking if I wanted to buy multiple times, I ended up telling him I'm interested. He said he wanted 70k I t...
My wife and I are ready to invest in our first property. We have the cash saved, plan to house hack, and have be preapproved for a mortgage through my credit union. My realtor has been great about sending properties m...
hello,
i wanted to get some advice and see if i am on the right track here. My overall goal is to house hack a duplex or triplex and cash flow 200 per unit at a 7 to 10% COCR
i have around 40k to 150k to work with...
I have a duplex with about 200k in equity that I want to use to finance my next purchase. Quicken Loans has called me and can finance 70% loan to value or about 280k on a mortgage to buy another investment.
Has an...
I have a couple of agents I've been trying to work with but just for them to pull comps is like pulling teeth. Is there any investor friendly agents in the Los Angeles area, or does anyone have a suggestion on how I c...