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looking into getting a dscr loan 80% ltv.$120k down paymentDebt service PITI will be $4600/mo Gross rents $11000/moratio of 2.39My credit is 750 Unless im missing something, i should be able to get a DSCR mortgage on...
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We are looking at purchasing our first rental property and going the route of getting a second home mortgage. Some advice I had been given was to create all LLC and purchase the place through an LLC. What I am startin...
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I have seen these listings for 6-12 units where the seller wants to sell at one price and "WILL NOT DIVIDE!" I see one that I might be interested in, but I have no idea how a deal could be structured that wasn't 100%...
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I think it a rediculous product. If you're looking at a 50 Year mortgage, you probably can't afford the property. I think the lenders are just trying to screw consumers with another way to drive them into bankruptcy...
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Can you help me with a question, hoping you have some experience or knowledgeable about it. I got offer a real estate line of credit that I can use to purchase more real estate. What are your thoughts on LOC? Pros/con...
This will be generated through the doors. I will have someone helping me along the way with 20+ experience. Right now currently I am positive I can generate 1 minimum up to 5+ real estate leads through my current door...
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Does anyone use any remote monitoring systems that are really affordable (like a couple bucks/month) that use a cell network and not need a internet connection for tracking temperature of smaller apartment buildings? ...
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What is the market cap rate for 5-10 or so unit properties in Portland right now? Specifically SE Portland.
Thank you.
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This post is two-fold. First to introduce a product that has been out for a little bit but is gaining some ground/attention. The second is to question not IF it is a bad idea for the industry but just how bad could it...
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Hello,I own a property that has no loan on it in Detroit and I'd like to see if I could refinance some money out of the property. It is in the $50K range which I know makes it a little difficult to find lenders at tha...