Hello everyone,
I reached out to 4-5 lenders regarding DSCR loans and found it difficult to make a deal work, even in areas meeting 1% rule.
Here’s a recent scenario:
Purchase price: 244k duplex, good condition
...
Hi, I'm an out-of-state investor looking at properties in the 60411 zip code. I see the price-to-rent ratios in the area look favorable, and the crime report on NeighborhoodScout.com makes it look C-class but not ter...
We’re getting ready to go live next month or April. I’ve been researching this question by looking at listings in our same unit (VRBO & ABNB) for different time periods. I read that some people have higher weekend...
I'm originally from University Heights / Cleveland Heights, live in Hawaii now and am beginning to research purchasing properties in the Maple Heights, Warrensville Heights, and surrounding areas.
My plan is to both...
I'm selling a piece of land to a developer, with $200k of the sales price being seller financing. It's due in 12 months (will likely only take them 9 months) at 10% interest paid quarterly. I can get a higher return o...
As a wholesaler, I am quite familiar with the 70% rule when it comes to selling a distressed property to a flipper. However, I have a lead who is selling a turnkey rental that they are just tired of owning. For a d...
Hello All! I am newer to the forums and relatively new to being a landlord. I just purchased a home from another investor and it has a problem tenant in it. Not destructive, dangerous, etc but chronically late and ...
HI BP - There is another very similar property nearby that has hazard insurance and cost less than half as much despite being larger, but is 15 years newer. The one I"m trying to get coverage on is a 60 year old brick...