Between the two scenories, Which one generally offers the better interest rates and lower cost of obtaining the loan when dealing with bank financing? Option 1) Do a cash out refi on a property that is currently paid ...
As a real estate broker here in South Florida, I have recently observed a noticeable trend in the real estate market: an uptick in what many are referring to as "Price Improvements" on property listings. While this te...
Hi, Chicago-area investors,As I move closer to buying my first multifamily, one thing I haven't been able to learn much about is property taxes. Specifically, how are they adjusted after a sale on the open market? My ...
1b/1b units 8 of them, not great shape not great area, 300K, rent will pull in $350/unit but all utilities are on one meter, there are currently only 2 units rented, like I said not a great area. I know there is a lot...
Hello All,I’m currently in the process of developing my first RE deal. I have Realtor and I’m working on funding. My question is this: while researching deals I’m finding two major types of properties, major rehabs an...
Howdy -
Newbie investor here with two questions. I read from a 'guru' that one way to get started with little money down is to use a heloc to pay all cash at around 50 to 60% FMV, then refi at 70 to 80 percent of th...
I'm looking at the following Fannie Mae foreclosure:
3 BR/1.5 BA
Decent Working-Class Neighborhood
Price: $52,900 (asking)
Rehab: $2,500-$3,000 (nothing major, but needs fridge and dishwasher)
Potential Rental Income...
Hello everyone, can I give a three day notice for not paying rent to tenant ? . Even if the contract is between the previous owner not with me? . I have send by certify mail an addendum to the contract istructing wher...
Hello, I am looking to get my first STR property in Gatlinburg, TN area (open to Waynesville and NC Maggie Valley, NC) . I am looking for secondary markets (e.g. radius 30 miles from Gatlinburg, TN). Is this the right...
I flip single family homes so commercial is not an area I deal with too often. I have an opportunity to make a cash purchase but wanted to know how appealing the numbers might be to someone who would be the end buyer ...