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Like many investors, I am up against Freddie and Fannie Mac's 4 financed properties guideline. However, in my search, I have managed to find several lenders willing to service more than 4+ properties to include, but ...
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Hello! So my goal is to purchase an investment property (either can use as my primary residence or investment property) and have been looking from SFR up to multi-units under $800k, but every time I calculate higher r...
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Hi everyone,Wanted to get everyone's opinion whether they underwrite the Capital reserves above or below the NOI line? I've heard both and obviously putting them above the line is more conservative but with as compet...
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Need some advice. I have many rentals that are paid for I would like to start buying apartment buildings. Can I borrow against my rentals that are paid for ? And how hard is it to get a loan for that ? Thanks
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Hello All,
I'm about to have my first formal sit down with my local banker.... I would like to get some feedback on my "planned request".
I currently have one rental property that is debt free that rents for $500....
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I want to tackle replacing the water lines to the kitchen sink myself and have a couple of questions, how do I connect the new CPVC lines to the old galvanized lines at the point where I will be cutting out the old ga...
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I’m a new investor, determined to buy my first rental property and start my journey to exit the rat race..I found a great turn key SF home, with good Coc in a C type neighborhood (Crime rate is relatively high). Would...
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Hello,We're putting a contract on a single-family home in Kansas City and I'm wondering if many buy & hold investors believe it's worth spending the additional money to perform radon testing and a sewer scope. Thi...
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I've been reading a lot about notes but am still very new. I'm not sure if this is the going rate, but suspect it isn't. Why would some sell a brand new note for 87.5% UPB? It is like they just made the note and are t...
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I'm supposed to look at a triplex and a single family home soon. I'm trying to analyze both without being inside either one yet. Here are some of the numbers. They include vancanies, capex and repairs being accounte...