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Hi, I’m under contract on a great deal, yet I don’t understand how my cash out refi is going to work. Purchase price: $105,000 (hard money).Rehab: $30,000ARV: $200,000Refinance: this is where I get stuck. The lender I...
I am refinancing a property to free up money for additional investments. I currently have a 2 family with room to convert the garage into a studio. The total cost will be $70,000. I’m thinking of using some of the ref...
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Short story I have a SFH that I rented out and the tenant is essentially abandoning. They can no longer afford the rent due to a divorce. Now I am trying to decide to sell (take the long term cap gains hit) versus a 1...
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I am looking at some properties to purchase and was wondering if the amount of depreciation claimed changes if I bought the property in say the 3rd quarter of the year versus the 1st. I've seen a few different optio...
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I realize Houston is a huge market, but what are some % of value ranges that fellow investors are seeing for rental properties? I'm trying not to go by a hard and fast 1% or 2% rule as it really depends on running the...
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My business partner and I just received confirmation of financing on a deal as part of it we have to come up with $50k PML for the down payment. I have formed a list of people I could see helping me make this. We are ...
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Hope everyone is well!
I have a question that deals with renting by room, and if certain types of houses are harder to do this in.
In my case, I am thinking about house hacking. In the area I am looking at (Dall...
I own 27% of a rental single family home which was acquired in 2016 and now my grandparents are looking to gift the rest of the 73% which they own to me. They plan to gift it to me with the intention that I can excha...
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Hey Everyone,
Has anyone ever beat the 6 month seasoning period? I need recommendations for lenders that can do a cash-out refi before the 6 month seasoning. I have reached out to 5 lenders and no luck so far
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Hi my name is Kevin and I am new to real estate investing, I am interested in meet up with same minded people who are interesting in investing in Oakland county real estate or other areas, I am in Farmington Hills /W...