Cynthia Brooks
What is the average percentage for closing cost in Trenton , NJ
Hello,Can anyone give me an idea of what percentage are closing cost in Trenton, NJ on a small (2-4family) rental property? 5%? 6 %?Thank you
Jeff Pagano
Financing buy and hold
What is the best/most efficient way to finance a buy and hold property without having a huge down payment? If anyone could assist based on personal knowledge or prior experiences that would be great!
Joseph Ojea
Starting rental business
Hello guys! So I’m going to be buying my first 4 plex around February, in the Daytona Beach, FL area.
It’s my very first one, so I’m just kicking off my business.
I’m going to be going into this with one other part...
Lorenzo Harkins
Has Anyone used Lending Home for hard money ??
Hi so I am recently using Lending Home for the first time on a flip i just purchased and they will be funding 100% of the rehab cost. However they have something called a draw for the funds that go towards renovations...
Daniel Sanniti
[Calc Review] Help me analyze this deal
Hello,This is my third or fourth time using the calculator but I have recently sent a letter out to a neighbourhood asking to buy homes - I actually received a reply. 40 letters one reply - great ratio IMOAny way I wi...
Bruce Lynn
Does Section 8 pay out the lease after eviction.
A guy told me today in a REIA meeting that if a HCV/Section 8 tenant doesn't pay and you evict, that the voucher provider would continue to pay the agreed rent through the end of the lease term. I can't imagine that...
Matthew Patton
Percentage of PITI or actual Rental Income?
Hi all.. First time posting here. Wasn't quite sure how to search this question out so if it's been asked before please do tell me. Also please let me know if this is in the wrong forum or group. Otherwise, here goes....
Gabriel Ibarra
Commercial Lending Down Payment
I’m interested in finding out about the different options available for acquiring a down payment on a commercial loan. I’ve heard of the borrower taking out a loan for the down payment? Is this normal or ok? Of course...
Joel Lazar
Cash out refi or Heloc?
I have one SF property in Orlando with $200k in equity and one in Ormond Beach with about $150k in equity. I want to leverage that to scale up into a MF property.What's the best way to do that and what entity is the b...
Jared Sandler
Important Questions for a Hard Money Lender
After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...