Marcus Auerbach
Borrowing money for half of inflation rate is crazy
Rates are going up quickly now and the FED has not even started taking the step they have announced for this year to combat inflation. The fact that you can borrow money for half of inflation seems upside down: the le...
N/A N/A
Hard Money Needed?
My brother and I started a LLC 2.5 yrs ago with the goal of purchasing rental properties with excellent cash flow. We have accumulated 19 properties. Our plan was to purchase cheap (with cash), rehab, and then rent ...
Kristin Smith
Help! Renovation loans suspended!
I was in the process of purchasing a REO, had conventional financing but was in the process of switching it to a FNMA Homestyle loan due to the appraisal calling for repairs before closing. Then my lender contacts me ...
Julian McFadden
Too good to be true
What should I do if a property looks too good to be true? What questions should I be asking the sellers? Any help is greatly appreciated.
Sharad M.
How much do you guys think I should go in at as my intial offer?
Hello,
So this great property came on market today. Below are the details:
- REO
- Asking price - $35,000
- 4 units (2-2/1 and 2-1/1)
- All units currently rented for gross monthly rent of $2,050.
- All separate uti...
Andres Sanchez
10% or 20% Down Payment or 5% and invest the rest?
Hi Everyone, my wife and I are looking at buying a new home. We're looking at a conventional loan but can't decide how much money to put down for the down payment. In this low interest rate environment, does it make m...
Euri Lorenzo
Any info on Reading, PA market??
Hello, I am considering purchasing a rental property in the reading, PA market area. I was there a couple of weeks ago visiting family. I would like to know if anyone knows anything about this market area. I know ...
Steve Dorman
Have cash but no income...
So my wife and I are getting ready to relocate to another state. Once we find a new location I would like to buy a cheap fixer upper sfh to live in while we build our new lives. Of course when I go to purchase a place...
Alanna Williamson
$80,000 K for a townhouse?
What would constitute me to pay a client $80,000 for a townhouse? 2015 build in Charleston, SC 2k sq feet, 2 years in on a mortgage, turnkey 3b/2.5 bath, 20 minutes from beach, assuming mortgage. Trying to understand ...
David Barton
Property managers should get ready to ride a growing build-to-rent wave
Property managers should get ready to ride a growing build-to-rent wave.
Unaffordable house prices and mortgage rates have pushed many would-be buyers into the rental market – particularly the single-family rental (S...