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I am seeing a lot of posts in BP regarding DSCR loans, many based on newer investors not being able to qualify for more conventional loans.The number I see starts to give me pause as when we have a market downturn and...
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with today's environment, what is everybody's sentiment with regards to building projects or buying already made units? I have met with at least 2 contractors in my area and they say that materials are very expensive...
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With rates set to rise eventually (though I have thought that for years) I am interested in the opinion of investors regarding the trade-off between being able to buy at the extremely low rates vs. the strong possibil...
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My wife (26) and I (27) are wrapping up renovations on our first investment with plans to sell come spring or refinance to hold it as a rental. We would like our next purchase to be a small multi-family property that ...
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Do rental rates usually fall when interest rates increase and home values decrease?
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I'm looking for a new loan servicing software package. Does anyone have tips for where to begin my search? I need something that is user friendly and can handle upwards of 1000 notes at multiple locations.
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Is it true that every lender now required to have tax transcripts for the last year for closing?The IRS does not have my transcripts yet so the lender is not giving me a loan and I am losing my 1031 exchange dealThe l...
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Like to know recent Las Vegas Market. Also want to find an agent who has his/her own SFH invest in Las Vegas.
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I have a property I am interested in and wanting it for my personal home. I have FHA financing with Florida Bond money for the down payment, I can't get 203k on top of the bond money. Can you look at the report and le...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $50,000
Cash invested: $30,000
First BRRR property. Purchased vacant duplex across the street from a current...