VA loan qualified. 3 years landlording (tax return) experience. Looking at a 4-plex to owner-occupy. Our DTI is too high, bank is saying the subject property is roughly 100K over our borrowing power. We have about...
Hey everybody, been reading the forums for a long time and decided to start posting. I know I need to work on my profile but wanted to get my question out here first.
I'm currently trying to buy a vacant lot to build...
Until the preliminary (free) application is done and I meet them for a showing- everything is via text and email. It is a recent decision which is already paying off.An exchange that re-affirmed my decision:"Blah, bla...
Hey everyone,
I could use some advice on how to navigate a real estate deal I'm working on. Here are the details:
Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differe...
Hey everyone, question for the group. I currently have two rental properties I want to figure out how to leverage so I can start growing my real estate profile. I do not want to leverage a HELOC on my primary residenc...
Hello Investors,I want to putting the BRRRR strategy into effect, is there a process to make it happen with hard money loans only ? This is my planBuy a house that needs rehab cash, fix it up, contact hard money lende...
My wife and I own a property. We plan to do 1031. My plan: we form an LLC. We sell the property to the LLC. Then LLC do the whole 1031 -- sell and buy another property, so that we can use llc to protect the re...
I am looking assuming a loan on a property that is listed at $285k. The owner will allow me to assume the existing loan of $150k. Besides owner financing the remaining amount, how can I get a second mortgage to cover ...
Recently, I had a break in at a short term rental I have in Columbus, Ohio. The unit had only been vacant for two days when someone kicked in the back door. I was lucky notice the break in quickly, as I just happene...
Hi everyone! I'm Gretchen, from the Knoxville, TN area. I've been lurking for awhile here on BP, am reading all of the books Brandon Turner has ever recommended, and am slowly starting to narrow down my interests and ...