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Running some numbers for properties in DC and Baltimore, but hard to find a gem. I’m curious if people have found properties that can cash flow $100+/unit after direct expenses (prop tax, mortgage, homeowners insuranc...
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Hello! I currently have two rentals, and I’m under contract with two more. I’m looking in Florida, SC, and Texas specifically. I’m trying to get educated on hard money long term holds, I’d love to connect with someone...
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Hello All - Quick Question for the Forum: Should a NEW investor proceed in purchasing a property based exclusively on the merits of the DEAL (Cashflows 200-300 per month, good CACR) even WITHOUT 15-20% down and withou...
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Last night I attended my local REI meeting and the topic was about private lending. This seminar was so helpful and got my wheels turning about prospective family and close family friends who could potentially be a pr...
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I recently purchased a property for $674K purchased through a mortgage lender with 5% down at 5.875% fixed rate 30 year mortgage. I immediately was offered 765K from an interested party who would like to work out an o...
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I am interested in DSCR financing and curious if anyone had any recommendations? Duplex and 2 mobile homes currently generating 2600 per month with rent increase potential to 4k per month+.
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Hello all, I am about half way through The Book on Rental Property Investing. As of right now I am just getting started and am welcoming any and all information that might be helpful. The one clear goal I have is to b...
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A previous tenant who left two years ago just reached out to me and said he had lost the check I sent him 2 years ago and just now found it and tried to deposit it. Obviously it didn’t cash, now he want me to write hi...
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Quick question for anyone that uses private money. When using private or hard money for flips or rentals, it’s mostly used to pays for the property, the rehab, and closing. Are the monthly interest cost the hold the l...
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Hey everybody. I want to start looking at financing for a fourplex property in NJ and I am stuck on the fence between FHA or Conventional financing. This would be my first time buying a house and I am looking to house...