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Hi All:I understand (and please correct me if I am wrong) that 4+ and under 4 unit properties are viewed differently (why?) is there a difference in terms of valuing or targeting different ranges of units per property?
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I'm in the process of refinancing an investment property.The current loan amount is 110K @ 5.125 fixed 30 yearsI'm getting it refinanced at 115K @ 4.25 fixed 30 yearsI will be saving around $50/month in mortgage payme...
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Hey BP flippers pro'sThis is the first time I've been doing a flip using Hard Money, and I've been struggling with the numbers to the point if I'm doing the math correct or not. I have used BP calculator and I also cr...
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I have two properties, 5 apartments in Covina Ca and 8 in upland Ca, that I have free and clear that I would like to pull money out and purchase additional apartments. looking for a few mortgage brokers to give me som...
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We have 50k cash available for down payment and own a property free and clear so would like to make use of a HELOC either for additional down payment, Reno's OR if we have all our cash tied up in a down payment using ...
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Hello everyone!I have a quick clarification question regarding hard money loans for fix and flips. If for example, for a 12 months hard money loan, if I fix and flip a home in 6 months, am I only paying for 6 months o...
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Hi all, Quick question, I'm in the market for my first investment property and the first mortgage company quoted me 5.427% on a 30 fixed mortgage. The 2-3 family units I'm looking at are between 55-70K. One company ...
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I have a rental house in Dallas, TX. The house is currently occupied. Recently, there was some extensive water damage that came from a busted dishwasher. I've had the restoration company out, filed an insurance claim ...
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If I’m wanting to fix and flip what is the best way to go about finding a great deal and making sure I don’t lose any money and what’s usually a good amount of profit that people look for in a fix and flip? Thinking a...
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I have a close friend of the family who's paying a mortgage on a two family flat. They live in one flat and the other is empty. Has been for almost a year. They're not interested in REI and they're not in a spot to fi...