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I am liking at a group of 6 buildings for sale by one owner, I have a family member that is interested in purchasing a building or two and I am interested in the rest. The vacancy rate is 50% due to an out of town l...
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I'm looking at a 12 unit apartment complex and need to create a deal with owner financing for the down payment, can anyone with experience with this give me some advice and what to be sure not to miss when structuring...
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Hi all,I recently picked up my first single family home rental property in Washington State. I have a question regarding the account needed for holding a security deposit. The state of Washington requires security dep...
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I heard there’s certain mortgage products that bankers aren’t allowed to sell or advertise because the bank makes no money on them. What are they? Does anyone know? The bank makes more money on a 30 year fixed rate mo...
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So I’ve been reading books on buying several rentals all on mortgages as soon as you get another down payment. My question is when will the bank normally stop lending you money? For example can I go out with 200,000 a...
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Good morning all and I hope this thread finds you all well. To start off, my business partner and I are new to investment properties and I have a few questions about loans. We have started a separate LLC for this new ...
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Any one in the Houston area have a preferred local banker for single family loans of less than $50,000? Looking to do BRRR strategies on low-income single family homes and I want to develop a relationship to secure t...
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Hello everyone. I'm sure this question has been asked before, so I apologize. I just purchased my first rental property on Dec. 29th. In order to do this, I took out a HELOC on my primary residence. My plan is to appl...
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I need some experienced advice. I have a piece of commercial property I acquired with the intentions of building a beer garden. I want to build a 2000sq ft building. My rough estimate is 400K to do so. Or my other...
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Hi All, newbie seeking opinions or views. I recently came across some land in GA that is an abandoned MHP with 11 spaces. The land has RR tracks on one side which make me doubt trying to reestablish a HMP. There is...