In seeking a DSCR cash-out loan, I've learned that lenders want to see bank statements. I had thought DSCR's were only property based, but lenders I've just begun to contact are saying I need to provide bank statement...
I’m a new investor and just this week, after about a year and a half of saving and learning, have just put my first property under contract (fingers crossed)! It’s no homerun but it will cash flow and has me thinking ...
Hello, I am real estate investor and interested in expanding my knowledge and network.
We recently purchased a three-unit rental property.We want to do some renovation work immediately, and plan to conduct more extensive renovations on the property over the coming years.Currently, the water heater and t...
These are conservative numbers. I could potentially get 850-900/m in rent. PROS: house is super affordable, some houses on the street are being renovated, move-in ready, I could force appreciation if i wanted to (i.e....
Hi - I am an investor in Northern Virginia and own a number of properties here. I am looking to expand into multi-family but have found that there are not a lot of opportunities to purchase that type of asset in this...
Heard Wells Fargo and Bank of America offer deposit only cards. Went to both banks, nobody knew what I was talking about. Heard Chase did offer, but discontinued. Went into Chase, they said "sure, we do that!" Cha...
Hello- I recently started investing in real estate by purchasing property which was a long distance from where I currently live, Nashville. I'm hoping to expand in Nashville but I don't know the rental market as well ...
I am close to getting a strip mall under contract that has room for 2 more businesses. Currently, a casino and a laundromat occupy the 2 units. In an effort to fill the 2 available units, what other businesses shoul...
Any thoughts..
I have a single family home that I own outright. I paid 40k for a couple of years ago. It's not in the best neighborhood, but is not a war zone either..cute place
It rents for $800 a month and we ha...