So my loan officer tells me I'm approves for $150k but I saw this property or $50k duplex and he said he cannot do it because with me giving 25 % down it would only come out to $37500 loan.. is this true all across Re...
Is it important to consider Cap Rates for single family rentals? I watched a video where the person doing a rental analysis said that it was only important for commercial properties. True or false?
Hey guys, I was looking at a few SFR properties in the zip codes of 38108, 38105, and 38111. They are all rented for about $700 and are being offered at about $25k each with deferred maintenance/minor rehab. Does an...
I'm in the process of purchasing a hud home. I thought I was getting a great deal, however the appraisal came back the exact same amount as my offer. The house sold in 2010 for 41k higher than what I offered and it is...
I am commited to buying a Short Term Rental, I have done my research and am ready! The only question/concern I have comes down to the market. I want to purchase a cabin in The Smoky Mountains, TN. The only concern I h...
Hello everyone,
I'm very curious what strategies people are planning to use, if the housing markets tank again, like in 2009. I know many of you were investing during the last recession and were able to ride the wav...
I am an advocate of the BRRRR Method, and I have put this into action this year. I took out a HELOC last year, and got a great rate and am paying interest only for ten years. I used that HELOC to purchase two great ca...
I recently came across the company Replace Your Mortgage. They advise you on HELOC products, banks that offer them and strategies to pay off your mortgage quickly and to invest in real estate with other products tha...
Hi fellow investors,Looking for some creative ideas here. We have an opportunity for an amazing deal. However, our capital and DTI are tied up in other properties and we don't have the funds/DTI available for a tradit...
Can you/I sell a house before two years and not pay any Capitol gains?I heard that if you re invest all the money's from a sell back into real estate, if you sell before two years that you are not subject to Capitol g...