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I am a newbie real estate investor in the Utah. I bought a single family home with and ADU basement about a year again my wife and I live in the basement and rent the upstairs and we are currently living mortgage free...
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Going back to "rule of thumb" I hear a lot is having a renter that makes 3x the rent. Living in south Florida where rent is already high, is it realistic to find a renter that makes this much? What are some other wa...
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Good evening,
I am trying to understand the process of title search. Can someone assist me please? Thank you.
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I am trying to rent out my house in NJ (rent is around 2500). I don't mind cats but I prefer not to have a tenant with dogs. So if I say that a dog would be $80 a month extra, would that be too harsh? If it is could y...
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I have 2 investors that may cover about $5 million of the costs. They'll likely be private investors since I'll be GP. Do I really need syndication? I don't think so right? Is there anyway around this? I'm thinking ju...
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Good Evening Everybody, My Name is Brian Lewis. I'm currently a math teacher in Brooklyn NY. I have saved up some money and I have a good credit score and I'd like to start my real estate investing career. I've been l...
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Hello, currently the mortgage rates are 7% or more which is driving purchase cost higher and rent higher. Probably this is peak of interest rate, I have seen. How to make sure I get tenant faster and good cash flow? I...
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We are looking into buying a property where the seller would help us with the downpayment. In banking terms I think it is known as seller carry back 2nd. Not all lenders are willing to have the downpayment financed....
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Hello all, I am renting out a 3 bedroom home in a great area and was approached by a home care professional company specializing in individual with intellectual disabilities and autism. I've looked at their website, c...
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Currently interested in seeing if anyone has a lender that they use for DSCR first or second lien positions. I know a few lenders go down to 0.75 DSCR but what about a true 0?