Paul Alphonsus
What is a better to estimate ARV - any tool?
I am looking for BRRRR property in Ohio and was wondering to effectively estimate the ARV for the property. I know getting the right ARV will help in calculating the ROI and do other estimate. This is my first so I am...
Matthew Masoud
Mid-Term Rentals in Smaller Markets - My Profit/Loss
This is my P/L from a 6-unit property in Dayton, OH for July.All 6 units have been converted to MTR.C-Class area near major hospital (believe it or not purchase price $210k) Cap Rate: ~31%We have 32 units in this mark...
Dana Tenebruso
Direct Contact with Seller
Hi, I have recently put an offer to purchase on an "on-market" deal for an investment property to add to my portfolio. After doing some research I realized the Seller has a few other investment properties. If my incl...
Jeffrey Donis
Keeping up with Real Estate market cycles
Other than viewing news articles on where others think the market is- what do you all use to keep up with where the market currently looks like and where it is going? Are there any tips you would recommend?Thanks!
Yvonne P.
New Investor Here! Foreclosures??
I am wondering if foreclosures in general are sought after by seasoned investors? It seems they would be because the potential price reductions by the bank but I am wondering if there is something I am missing.Thanks
Milad Sadeghian
Income Requirements for FHA loan
Hello everybody,I have a simple question that matters a lot to me. When you apply for an FHA loan, what do the lenders look at? Your Gross monthly income (your total income before tax and expenses), or your gross adju...
Rita Banhunyadi
Construction Prices and Profit
I'm wondering if you can still make decent profit with rehab projects with real estate prices so high and construction material prices so ridiculously high. I've looked at a few properties recently where I was told th...
Abraham Shamosh
Do commercial loans take credit into account when approving loan?
Hi,
Recently my credit took a big dip and I was wondering if there are any mortgages to purchase a town home rental based on the deal and not on my personal finances or credit.
Neil Fernandes
Query regarding credit pull for pre-approval
If multiple lenders hit my credit report at the same time [during the same week] will it be considered a single credit pull or multiple hits? I have a mortgage broker but was wondering if I should check with another m...
Todd Kime
LLC question - do you need to register in states of purchasing?
Just wondering do I need to file a LLC in the state that I am purchasing a property ? or would my home state be suffice?property will be in the name of the LLC