Can anyone recommend a local bank in Richmond? My bank is out of state with no local branches and I'd like to have one locally that I can easily make deposits into and to collect rent.
Can someone please explain how to pursue financing for the mortgage versus financing for renovations/improvements? I understand that you can obtain home improvement loans when purchasing your primary place of resi...
Do people do this? Seems expensive?Here's my situation:I have about $40K avail cash in the bank. There's a house that I'm interested in that I may be able to get for $80-90K through a relative. Because of my DTI, I w...
Investment Info:
Other buy & hold investment.
Purchase price: $640,000
Cash invested: $1,200,000
Turned a shuttered and rundown 13-unit waterfront motel into a brand new vacation destination with...
I’d love to discuss the All In One Loan and how other members finance real estate growth. Full disclosure, I sell the All In One Loan and i personally use it to multiply real estate. I think it’s simply the best finan...
I'm at a crossroads and I would like some opinions please. I have been a landlord for about 12 years and I think I'm done. I no longer care to make small repairs, answer phone calls, or go through the tenant screeni...
Investment Info:
Single-family residence buy & hold investment in Cleveland.
Single family home in Cleveland rented out via Section 8.
What made you interested in investing in this type of deal?...
I live in virginia in a region with a heavy military population (which makes me think long term rentals could be a good option in my area). I've got $40k-$50k saved up that I'm looking to invest with. I also refinan...
I’m new to real estate investing and I’m looking to connect and meet with local twin city investors who have been successful in using the BRRRR method.Did you start building your profile with BRRRR or did you house ha...
BP!When you refinance a BRRRR deal at a 30 year mortgage, how does the payment on the mortgage work? Hopefully the rental income covers the mortgage and generates cash flow. However it’s a 30 year mortgage for xyz amo...