Taryn Lewis
First time home buyer( investor property)
Hi, I’m very interested in getting into real estate investment so I am a first time homebuyer. I was going to take the FHA route try to get a unit property, but my problem is my DTI is high due to my student loans an...
Mark Beekman
Operating Expenses Estimate Too High?
When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
Carolyn Riley
Buying turnkey investment SFR with balance transfer cc offers
Hello folks,I have several offers from my credit cards for credit transfers directly into my bank account for 0% for 18 months with a single 4% transaction fee. My credit limit is about 77,000 for these offers.I’m ask...
Robert Horvick
Deal Analysis (Just learning) - What am I misunderstanding?
I found a property on Zillow and ran the asking price numbers through the BP calculators and came up with $439/month cash flow at 39% ROI. Both BP and Zillow agree on the rent estimate and it doesn't seem out of line ...
Colette B.
Do I need to shop around for pre-approval?
I've heard that I should shop around for mortgages, but do I need to do this at the pre-approval stage? And am I correct that I'm not tied to use the lender who pre-approved me?
Kasia Harmata
What am I doing wrong in my analyses?
Hi guys,
I’m relatively new to the world of multifamily real estate investment and I’m struggling to find any deals that come even close to making sense. In order for need to find cash flow in a given property, I oft...
Account Closed
Starting out in Multi
1st post here, thanks in advance for advice.
I have been a reluctant landlord in the past when we moved from San Diego in 2008. Held the condo for another 6 years before we sold. Made some money on appreciation but ...
Scott Williams
Submitting an offer on my FIRST MFH house hack tomorrow!
House hack say what??!Are there any things I should ask about outside of the norm?Planning to live in the house and fix up the rougher unit while renting out the nicer one!The house is super fairly priced, and I know ...
Tyler Weinrich
If a business letter had a baby with a YL
Has anyone tried to send a handwritten (real or printed) letter on a business formatted letterhead? Just like a YL we all know but on company branded paper. It would seem that most of the personal effect which drives ...
Jason Roe
I’m considering renting my house
I’m considering renting out my house, but I want to make sure it meets the 1% rule. Do I apply the rule to the current amount owed on my loan or the current value of the house? Thanks 🙏