With the recent increase in interest rates, real estate investors have had to make some shifts in their investment strategies. The recent uptick in interest rates might seem daunting for some real estate investors, ...
Hi all. I'm currently underwriting a multi family property. The current owner is looking for someone to assume his loan which matures at 2027. He has been making interest only payments since 2017. Fannie Mae is also o...
There is a property in the San Antonio area (north hampton). that is a single family home the owner wants 175k with a possible lease option. (other homes similar 3bd 2ba are selling for 155k in that area.) do you thi...
It seems most lenders are only providing 20-30 year amortized loans with either a 5,7, or 10 year balloon, and most of which have prepayment penalties. What is the exit strategy under these circumstances?
I ...
So, we are at the point where we have completed renovation on our 2nd property, new PAYING tenants are in, and are now able to cash out refinance this deal. Breakdown below on our property and current mortgage rates.P...
I bought a house at the peak in December of 2022. I used a DSCR loan to get it done. 9.375% interest rate. I'm coming up on 2 years of income produced by the property, any suggestions on how to get a lower interest ra...
I had an investment property that burned down recently. I should have approximately $400K after mortgage is paid off. Does anyone know if this is considered "free money"? or if I can do a 1031/1033 exchange? Are ru...
Hey guys...today I had a conversation with someone (who I distantly know/is a successful entrepreneur) about investing in rental properties. After a bunch of back-and-forth, he said he'd be willing to finance some de...
If I did two flips last year can I file both as capital gains or would I be considered a dealer and have to do a sch C? Both were held less than a year. Thanks
I have found a home I'd like to make an offer on but I have yet to determine how much it will cost to repair/update. Is there a forum here, vendor list here, or method of finding reliable contractors in the DMV area? ...