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Hi guys, stupid question time. I'm looking to refinance my rental property, in order to free up cash to purchase my next rental. I was wondering if someone could help solidify the numbers for me.Original purchase pric...
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Hi folks,
I've asked this question obtusely before, but I'm still not sure how to make this work.
I just finished reading Brandon Turner's blog regarding "I'm not the owner." In Brandon's article he mentions holdi...
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So I've been in real estate for a while now, but I've primarily flipped homes and invested in single-family rentals. Over the last year, I've been educating myself a lot more on apartment buildings and although I feel...
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[b]Seller asking for $175,000(firm), market value is $230,000 and ARV is $330,000 minimum. The end buyer is a investor looking to close all CASH and will pay for closing cost. Both sides will be aware of the assignm...
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Does anyone have a template they could share that encompasses rental income & also income derived from my company(which also comes from buying and selling homes as a Realtor) I am trying to give a to a bank for...
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Who should I contact for help in structuring a seller financed deal? Situation: I am the buyer. The seller (two brothers as a partnership) has a mortgage on the property and let's assume they only have 20% equity in t...
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The other day when driving around, I came across a distressed property. It looks as though the owners still live there but the place definitely is falling apart. I have yet to write a letter to send to them, but IF th...
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In my market, I usually get notice 40-60 days before the end of the tenant's last month. I put the property up for rent as soon as I can, find a tenant in 2-3 weeks, sign a lease about 3 weeks before they move in. ...
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Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?