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I just called 6 banks in WA state to try and get a HELOC on a rental property. The purpose of the HELOC would be used for a partial down payment on another investment property. All 6 said if the intended use is to pur...
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BRRRR seems to be a very popular method to acquire rentals these days. Do you think it's likely the BRRRR method will not be possible in the next housing downturn? Also just wondering what is the history of BRRRR? I'm...
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Has anyone used Lendinghome.com? Did you have a good experience? Are they truly able to provide higher LTV and unconventional investment loans?
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Ok guys I need your help I brought a property that had 1 house and 2 mobile homes on it. None of the houses on the property were any good except 1 of the mobile homes. I want to know if it’s a good idea to take a loan...
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If you're interested in adding real estate lends as another tool in your toolbox, these are the steps I've learned you should take to vet your borrower before looking at any of their opportunities!
Background checkCr...
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If you had $1M in equity, what would be your strategy to invest in multi-family assets?
- Fixer-uppers?
- Cash flowing?
- Leverage an asset as high as it will go?
And why?
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I visited with a friend the other day who had converted a 5,000 sq. ft. commercial warehouse into a living space/art studio in Inglewood CA. It was really well done. They live in the front 1,500 ft, and the rest is ...
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Hi Everyone,I’m a new-ish investor, started in 2020 and have 4 flips under my belt and now own 4 rental properties. I recently came across a mobile home deal that seemed too good to pass up. Seller wants $30k, it need...
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New to the multi family investments. Anyone have advice on pros and cons of manufactured homes? 8 unit 18 bd-12 bath opportunity.
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The owner bought the building 50 years ago or so because he originally paid $36k for it. There' practically no comps for a 4 family in that area so myself and my friend(agent) comped it somewhere in the 800k's. The ...