Very simple question this time around.. What are current REFI rates for someone like me who has over 800+ score.. The ratios fit just fine. The property is owner occupied. I am being quoted 4.3%. When I asked the len...
Ok, I am a brand new investor. Just to break down where I am. I am a licensed General Contractor, I was a realtor in the past and recently have submitted my application to renew my RE license, I am a client o...
What is a “good” target for occupancy on a mid-size (50-100 unit) apartment building? I’m invested in a couple of syndication deals where the occupancy had been around 80% as they work through turning the assets arou...
Purchase price: $55,000Repair Cost: $11,000ARV (based on cap rate): $183,000. (Keep in mind, comps would never justify this figure, but I Wanted to insert just to show the income value) In this town, there are very fe...
Hello all...I am new to the area and definitely new to investment properties. After looking at investing in properties for many years, i am finally at a point where i feel the need to move forward. My long term goal...
How to Allocate Land vs. Building Values for Investment Property
When buying a residential property, one important yet often overlooked task is determining how to divide the property's value between the land and the ...
I have decided to become a passive investor in MF. I am just starting out and my research indicates the syndication will create a LLC so there does not seem to be a need for me to create one. That said, should I ope...
My husband and I want to find a flipper, and we're putting a bid on one today, but if that doesn't work out, how long does it usually take to find another? I'm looking at 90,000 and less, and not a big fixer upper...
As you know, Seattle real estate is hot and looking to buy a duplex house in Bellevue, Redmond, Kirkland or Bothell for around 2400 Sft. My budget is 650k. I can stretch a 100k more. I am having hard time to find anyt...
I got contacted by a private lender, but I haven't heard of him or met him. He's not in my local circles. He seemed to know the language and was full of promises.Are there specific questions to ask to feel out whether...