The whole story about how private equity firms and hedge funds have steamrolled into the residential home market to become this decade’s slumlords is a story covered on this blog before mainstream media even knew i...
I just wanted to know that If I buy a property after bank loaning me money and then if again i need money for fixing it will the bank lend me again? and if they would then how?
Hi all! I am looking for connections to a lender that will use projected rental income as a portion to qualify me for a FHA mortgage. This is allowed under Fannie Mae guidelines but I am having a hard time finding som...
Investment Info:
Single-family residence buy & hold investment in Waynesboro.
Purchase price: $50,000
Cash invested: $50,000
Listed for 75k, offered 50k cash to close in 2 weeks. Had tenant with ...
BP Community:
I wanted to reach out to the BP Community to see what would be the best real estate investing strategy in order to make this deal happen.
Here is the Brooklyn...
Hi all,I am looking at a condo for sale at $171,000 in cash that needs $6k of work as a rental. ARV of $195k. HOA fee is 210/mth, Taxes $80/mth, Ins $25/mth. Rental rate is $1800/mth. I am happy with the cash flo...
Are there any private funding sources that focus more on the deal than personal credit? Any firm suggestions would be greatly appreciated.
Thanks,
Letron
Good evening all,I am about to list my first property for rent in Temple, TX. It is a single family 3/2 built in 2020 that will be cash flowing roughly $500 a month after all expenses.I would like to invest this money...
Hello all,
Reading through the forums and am learning a lot. Seeing if anybody has any out of the box advice
Bought my first house 12 years ago for $398k, fixed it up and sold it last year for 1.225 mil. It was my...
Acknowledging that a whole host of factors goes into determining the interest rate on a DSCR loan, I was hoping to get a census of what DSCR interest rates you got (or see your clients getting) to get a general idea o...