It is my understanding that to qualify for a conventional mortgage, banks generally have a 28/36 DTI limit, where front-end value of 28% is based on PITI, and back-end value of 36% based on total revolving debt.
Firs...
Is BRRRR investing one of the prohibited transactions in a self directed 401k?
Okay so i have been trying for the last 8 hours to get this simple html squeeze page I created onto my web host page. I'm pretty good with computers, except in this area. I just need to make this simple squeeze page ...
Property is $179,000 for a 5 Bedroom Multi-Family home. They said the total income is $2075 for rents ( Based on a site) $2075 * 50% Rule = $1037.5 20% of 179,000 is 143,200 @ 4% interest Rate makes the Mortgage $683....
The psychology of wanting to own an investment property outright is probably blurring my thinking regarding looking at this situation purely from a cash flow/leveraging equity perspective. Yes, I want my equity to wo...
My father-in-law is a builder and is helping us get started in the business. He mentioned that we could, especially starting out, probably build a house cheaper than he could because he doesn't have time to shop aroun...
Excited to have found this website and forum! I think I may have stumbled into real estate investing without realizing it haha. My wife and I bought a beach home in SC, 2 years ago during covid. We decided to rent ...
whats cap rate? is it important? whats a good percentage?
I own a duplex in Ohio with one unit occupied. I’m remodeling the empty unit so I can get it rented out soon. My property management team charges me 8% monthly and I like them better than the other ones that charge 10...
Hi everyone,I'm interested in Multi-Family apartments in Grand Rapids area. I'm just curious the process of getting a commercial loan when using syndication. Having investors pool their money for the down payment and ...