Hey all! Looking for some feedback on my financing plan for my first STR propertyBackground info:I have just graduated from college, where I ran a business for the last two years, and am going to continue doing that a...
Over the last couple of months, I spent a lot of time reading, watching, and listening to real estate content from BiggerPockets and elsewhere, and I decided to change my strategy. I'm targeting small commercial multi...
My wife and I bought our first owner occupied home in January 2019. We were intending to live in it and rent it out using Airbnb in the summer since we live in Alaska and the population here skyrockets. She got offe...
I'm strongly considering buying my first 3 flat in Chicago and have an issue and not sure how to best approach it. Currently all 3 units are rented out through July of 2019. The one unit I would live in has a 75 day...
Hoping to get some feedback on my situation. 2 friends and I have located a 4 unit HUD property in Ohio we would like to purchase. One of my friends is planning on being the owner occupant which is necessary in this ...
I have a tenant who's lease is up in July. I intend on keeping the tenant, but under a totally new lease. (The prior lease was from the previous owner). Do I "need to" send my tenant a Notice of Non-Renewal? If so, wh...
I want to figure out and study up on financing options for my first deal. My command is moving and I want to get a house or condo out there to rent out. I won't be living in it. Most condos out there run anywhere from...
Question: How can I invest as a NEW 1099 employee (Ex. independent insurance agent commission only)? My last two years of taxes are from a different W2 job. How can I prove to the bank I can afford a property? I would...
So I am picking out my first buy and hold investment property. I bought our primary home under my name (she is not on the lease). Talked to a lender, and he suggested we put a 2nd mortgage on the investment property ...
We are planning to get under contract on a 5500 sq ft office building with several short term tenants (month to month), and one healthcare tenant with a long term lease. Our intention is to vacate the month to month t...