Hoping for some advice on the following scenario: Couple A and couple B just started investing. They have one rental so far. There is a home available that could be split into 2 units with a 3rd one over garage that n...
Hello all. I am in the market for a 4-plex, and I stumbled on two of them that I like. Upon further research, I noticed that one of them is zoned R-3 Multifamily Residential and the other is zoned C-2 Commercial Ret...
Hi ! I am new to the real estate investment space and would like some tips if possible ! My goal is to buy a fourplex and house hack . Do you find it viable in this market of very high prices ? Side note … I’ve been a...
I was watching a video from cash flow diary. He was describing his deal formulas. He said that he takes the gross annual income and multiples it by 2 and that's his all in bid. Did I misunderstand what he's saying? Th...
I'm forming an LLC with a friend in Michigan. I will put the 85% of the money, he will put the rest (15%). I will remain as a hands of investor and he will manage and buy the properties (he will earn an extra 50$/hous...
Would a HML lend me the rest of the money for this 46 unit?
Here it is.
LOAN PLAN 5 Year Fixed
LOAN TO VALUE 75% Max
DEBT COVERAGE RATIO 1.25 Min
CURRENT INTEREST RATE 3.900%
VARIABLE RATE INDEX 6 Mo. Libor
VARIABLE ...
Hey BP Folks,So I am just trying to understand why I've seen so much debate on why some people would rather get a non recourse loan vs a recourse loan...Especially when non-RC are worse terms, higher rates/fees etc..A...
How are investors marketing using facebook ads now with the new special ad category for housing that limits targeting to specific zip codes? I am a flipper looking for my first deal in a couple of specific zip codes s...
planned to cash buy . just wonder if I could leverage a FHA appraisal to make sure everything is safe and probably a lower value for a better negotiation.