Hi All,I hope investing is going as well for everyone else. I am quickly buying properties and I have them all getting work done and its time to buy appliances. A/B properties are all I own and rent to A/B tenants. I ...
Living in Los Angeles, looking to start house hacking and putting the high rent toward building equity. Can someone help me with the basics of the difference of the 3.5% vs. 5% loans?Looking for the general difference...
I have been hearing that commercial apartment rates are in the 6.5% range from several podcasts recently. I am working on a 7 family and a 9 family deal, but all of my local lending contacts for commercial loans are...
Hello everyone, I was hoping to get some advice on ways to finance my first rental property. I have little credit built up, so I am wondering how I can get a loan from the bank or a third party lender. I have 50k in e...
Hi all,did anyone have any success closing a heloc on an investment property lately? i own a condo thats worth about 170K outright and id like to utilize that equity.so far everyone is telling me they will only do it ...
Hello Everyone,Got a question concering MF 5 +. What are typical lending terms for smaller MF investments (<20 units) upon purchase. I've only dealt with a Credit Union and I'm only able to get 5 year term, 20 ye...
Hey BP,Here in California, deals I am underwriting (usually 80+ units) are seeing 4.35 to 5.5 on the top end. Out of curiosity, what are you seeing in your cities of investment?
Hello,
I just purchased a property through a hard money lender who loaned the $$ to my LLC. My plan was to refinance into a conventional mortgage to pay my lender back. I went to refinance and the bank won't loan to...
We will be putting our house on the market within the next couple of months, and we are on a very tight budget to make repairs and improvements.
Ok. So the question is with the entrance - kitchen floor, it ha...
Hello all,I am working on remodeling my first investment, and I need to have the old, thirty-year old carpets ripped up and replaced with laminate / vinyl to look like wood for the living room, dining room and kitchen...