Hi everyone,I am an out of state investor and I plan on investing in multifamily in Ohio (Dayton, Cincinnatti, Columbus) here in the next 6 months. A type of strategy that I've been intrigued with and have been studyi...
I do my fair share of phone calls and networking but every year I have manage to come across a deal so large my brain starts to fume. Few years ago it was a multi-state portfolio spread across 5 states. last year it ...
Looking at a 6 unit rental as my first multi-family. HCOL city using 30 year commercial loan fixed at 6.5%. Total cost $1.15 million with 25% down. All units currently occupied and is in a trendy part of town in which...
Hey BP and St Louis! Help me evaluate a property...Fully Rehabbed (pristine)3 bed 1.5 bathon Saint Catherine St. (Florissant, MO 63031)1222 sfHow realistic is $1,150/mo rent? Automatic? Total stretch?Is this an A-......
Hey all! Looking for some others experiences with rent income appraisal for qualifying a DSCR loan.... Have been under contract on a studio condo with DSCR loan and 25% down. Sales price appraised but the rent incom...
I love when January is almost here. The start of another New Year means its time to slow down and look back at the year while making goals for 2019. There is something amazing about looking back at how you did and dec...
Hello Fellow Members,If I purchased a property for rental that required 10,000 in rehab, exactly what work can I do? I know it may varied depending on the condition of the house, but 10,000 seems like somewhere betwee...
Im analyzing a deal that looks pretty good on paper. Its through a turnkey company Eliteinvest. The property is on S Coles AveCHICAGO, IL60649 price is 175k projected rent is 1100 each unit, total 2200. I believe it ...
Hi, I'm new to this site, I just figured I would ask for some opinions on finding deals that work. I quickly realized that spending the least amount of money out of pocket makes the best return on investment. Therefor...
I'm selling few properties off and that 15 percent down payment on traditional loans just seems so high. Looking on advice of how to stretch that 350k as far as possible.