Lyle McCartee
I need some advice and guidance on MONEY!!
(PLEASE FORGIVE THE BEGINNING RANT), but BANKS SUCK!!!!!! I now fully understand why most investors and independent business owners despise doing business with banks. THANK YOU WALL STREET and CAPITOL HILL (Cir. 2008 ...
Ugo O.
How to estimate a rehab
Hello Everyone,When looking at pictures of a home, how do you go about estimating what the cost of the rehab would amount to? Do you ask for more in-depth pictures of the property and then go to the contractor and ask...
Animesh Das
At what down payment would you want a property to cash flow +ve?
Hello,I understand that the answer to this question depends on the local market. High cost areas, like SF bay area, would need higher down payment to have positive cash flow and vice versa.That's why I am curious abo...
Becca F.
Considering these syndications - pros and cons
I've been investing in the Bay Area (1 SFH solely owned and 1 multi-unit, co-owned) and Indianapolis metro area (2 SFHs). I made several offers in Indy since this summer with an attempt to BRRRR (in a non-typical way)...
Account Closed
How the heck do you guys get all this money for multiple houses?!
After doing some digging around and speaking with several lenders, it seems that the normal guidelines for banks to fund an investment buy and hold property is a 25% down payment, plus 6 months worth of mortgage payme...
Tom NA
Owner Finance or Master Lease or ???
I'm looking for advice on a property that I own free and clear where I have a potential buyer that I'm negotiating with. We're trying to find terms that work for both of us and I think we're close. Let me give as ma...
Brandon Graham
Hard money loan under $50k
Hey everybody, I have found a great deal in my hometown of Columbia SC. It's a duplex that's listed for 50k. The sellers are motivated to sell. The property already has two tenants which yeilds $1170 per month. So the...
Ed Goble
Catch 22 of No Down Payment for Investment
Here's the catch 22. My house (primary residence) is paid off. I have perfect credit. Regular investment mortgages would be easy to get..... if only I had a down payment, because they only cover 80% most of the ti...
Victor Saumarez
Where are we in the CRE cycle?
I’m new to commercial real estate and am looking to see if it offers any opportunities in the current market, which I am assuming to be somewhat over-bought. Can anyone tell me what is the most reliable price index us...
Ryan Myers
Reply from lender on BRRRR
Hey guys comments please....gave my lender a scenario and he came back with this, definitely going to talk with others as wellGood Morning Ryan, typically when we are valuing properties that a member has purchased and...