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I have several short term rentals with positive cash flow well over the mortgage payment. When I go to purchase a primary residence on a conventional loan, my DTI ratio is too high because the bank won’t count the sho...
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So today I went and priced almost everything I needed in Will's check list in his files as per his suggestion. So I got to Lowe's and realized,
"Wow... how do I know what price of light fixtures, doors, sinks, windo...
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Another moldy old post from another audience i found when looking for the last one about Helping New Investors.
...Get your own finances in order.
What are you going to do with your first $10,000 check from a real e...
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I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the...
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So I have an opportunity to murchase a 20 unit building in my backyard which is northern New Jersey. The city where this building is located is going trough major down town redevelopment where they are putting up appr...
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Looking for Pointers on Multi Family "Dos and Don'ts"?!?
My business partner and I are in the process of closing on a 16 unit apartment complex. I believe that the biggest problem with this property is the potential ...
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Are there any lenders that offer HELOCs on investment properties? I have 25 properties and would love to somehow use those as collateral for a HELOC - either multiple helocs, or ideally, just one larger line of credit...
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I've heard about a LOC a few different times that gives you 5x your liquid cash and/or assets.For example if someone had $100k in their savings account they would have $500k purchase power.Does anyone know anything ab...
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The lease signed by one of my inherited tenants contains a strict non-smoking policy that includes a clause citing a $200 fee per incident. I hadn't really thought about enforcing this policy until very recently, when...
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Hello, I have seen some conflicting answers on here and was hoping someone could help clarify things. For a first time commercial loan on a multifamily property, are the loans non-recourse and are they tied to my inco...