My rental home (~1200 sq. ft.) needs a new A/C, all of it. Where do you guys suggest I look? Do I go to the big stores like Home Depot, Sears, etc. or do a Google search on A/C guys in the local area? What are the var...
Hello,
I've found a deal I'm interested in (my first..) and am planning to finance it using the equity in my primary residence (currently, I have no mortgage on it so this would be the only loan against it). I though...
Hello,
I've found a deal I'm interested in and am planning to finance it using the equity in my primary residence (currently, I have no mortgage on it so this would be the only loan against it). I thought a HELOC wou...
Ok, so I completed my first deal and I am ready to start my second. But I am WAY more nervous about this one than the first one. I am going to try to run everything by you guys and maybe that will give me some reassur...
Hi everyone! I found a duplex in the Cleveland area that is listed for 85K and rents come out to around 2k/month. I would like to use a DSCR loan, but I've heard that you can't use DSCR loans at that price point. Is t...
I have been reading Long Distance Real Estate Investing - David Greene, and came across an interesting tidbit of information: Your first 10 (1-4, 5-10) property loans are Fanny Mae insured, after which your loan crite...
I am asking this on behalf of my parents. After years and years of paying a mortgage, my parents are about 6 months out from paying off their mortgage (Woohoo!). With their new grandbaby, they are looking to move up c...
Hello All,Thanks in advance for your replies. I am curious to get peoples opinion on both the GP and LP side in syndication deals as to how they feel about receiving a questionnaire sheet from a new prospective LP to...
If a 50k loan investment can gross you 2600a month in income. Just from renting rooms in your basement, why is it so hard to find someone to fund the project, with those income numbers....
We are trying to decide whether to use 1st or 2nd position HELOC to fund our investment property down payment. Any advice is appreciated.