Hi BP!I had some questions regarding cash out refi portion of the BRRRR strategy. What are the main criterias that lenders look for when you go to apply for the cash out refi? 2 year tax returns, seasoning period, cer...
Just wonder how do i caculate a right price to offer on a rental property
I have never done a DCRS loan and have little knowledge of how they work and in what situations they can be used. Can anyone out these describe them to me with limitations/advantages to having one? Thanks
HiI am currently looking at purchasing a 50-60k rental property. My first. I am looking for a loan for that property but it is a little bit of a "non-conforming" property and I also don't have the 20% down for a con...
Asking Price: $325,0006 UnitsUnit Type: 4 two bedrooms, 2 three bedrooms. Monthly gross $3945.00. Which seems low but I got off the phone with the realtor and this is what he tells me. Asking price: $325,000Down payme...
Looking for some feedback on my numbers. Also any input on any thing I might be missing or have completely wrong. Review numbers here.
I’m a few days away from sending out my first direct mail campaign. I’m focusing on one specific town and I’m targeting duplexes with out of state owners. I’m hoping to purchase a BRRRR deal out of the mailing.
I ha...
If the Republican tax plan passes the state income tax deduction will likely be limited or lost altogether. Accordingly, if you anticipate a large state balance due for tax year 2017 you may want to consider paying t...
Hi all,I have a few properties insured at NREIG using Lloyd as underwriter, as well as a few with Travellers and 1 with Safeco. I would like to get an umbrella policy for all or most of these properties, I spoke to an...
I'm running into a potential issue while researching FHA loan requirements for the "Down payment Assistance" program that allows a first-time home buyer to purchase at 3.5% down. With my current job, I'm slightly exce...