Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
I am a recent college graduate from UNC Charlotte and now that I have a degree in organizational management I would love to immerse myself more into the world of real estate investing. One idea that I have been ponder...
Hello all,I recently came across (2) 8 family units in a nice part of town that is an age 55 and up apartment complex. It is not assisted living, but apartments for older tenants. The owner has of course praised how t...
Good day, I am new on this platform. Is there a recommended lender that can provide a bridge loan, not based on credit or income, so I can finish renovating my triplex? I will repay the loan when I refinance with my c...
Hello all,I am in the process of creating a website that would be very beneficial to many types of real estate investors. The website sells a service that offers a lot of value. I am in the process of designing the ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $1,000
Cash invested: $15,000
Sale price: $34,500
Bought this property from Detroit Land Bank Authority. Put th...
Hi, BP. We were just told by an insurance agent yesterday that property insurance for rentals does not cover burst pipes due to freezing in Cleveland area. Would appreciate input on that. That was new to us. Than...
Hello!! I am new to investing and fell in love with Puerto Rico 4 years ago after visiting. We have been going for years and are finally ready to invest. I know the island decently well but I am having a hard time fin...
We are doing some light reno to a house we bought as a short sale years ago. In looking at vinyl flooring, the warehouse suggested the glue-down type, which I hadn't encountered before. How is this stuff not just li...
I'm in the process of buying a SFR that has asbestos siding. It's in great shape and has been "sealed" with paint (per sellers). There are no cracks or split tiles that I can see.
The property is in MI and there's ...