Our primary home is paid off, we are Refi-Ing and going to use the equity to purchase our 1st flip. Lender #1 is offering no closing cost, same interest rate but less on the LTV only 65%. Lender #2 is offering more LT...
A hard money lender stated they need property to be under “contract” before loan can be made to us. This is a buy & hold play for our first investment. Please share what is meant by under contract, and other quest...
Hey, I recently bought a lot in Joplin, Missouri thinking I'd build a single-family home on it and sell it. The appraisal came in under what the cost to build would be and I'm now considering selling the lot, moving ...
So, I have been working on my business plan and I am stuck with many questions. First, my plan is aimed at apartment complex's containing 15 to 50 units that need very little rehabilitation. With so much variability, ...
Which is the best way to purchase multi-fam?
We BRRRed a property a few years ago that we’ve been holding onto in TX. It is a duplex that allowed us to live in one side and Airbnb the other. We bought it for $255k, built rehab costs into mortgage for $355k total...
Ready to start but I need a lot of knowledge. I hear everyone talking about the numbers, but what are the numbers I need to know?
Hello,Lately I’ve been running into a wall while trying to acquire fixer uppers. I’m being massively out bid on just about everything in the Duluth area. To even the playing fields I’d like to give some off market pro...
Hello everyone! I’m a newbie and will be closing on our first LLC rental property next week:). I did a 30 year cash out refi on my paid off home so I can loan that money to my LLC to buy this property cash. I have a l...
On 5/3/2023 the City of Kansas City, MO announced that Short-Term Rentals will be completely banned in ALL residential zoning! I had not taken it seriously until I read a couple of articles outlining their plans. Mo...