Jeffrey Gonano
Understanding Pro Forma Cap Rate - Using Rental Property Calc.
I'm having a hard time understanding the Pro Forma Cap Rate in the Rental Property Calculator. I have a property that I'm looking at and the pro forma cap rate comes out to about 8.26% with my after repair value at $...
Ashleigh Galucia
Tricky situation to finance, running into roadblocks. Help!
Good evening! I'm sure this is one of the most asked questions on this forum..."how to finance your first deal?". I have looked into multiple options and keep running into road blocks for my particular situation, so I...
Brandon Gamblin
Can someone help me clarify this idea about buying multiple properties?
I might be having trouble trying to convey an idea about real estate investing. Maybe you all can help me clarify it? So here goes:I understand that as real estate investors, we know that it's about buying in the righ...
Ben Einspahr
House hacking a small multifamily- Financing options
Key Points
-Duplex- FHA=3.5% down. Conventional= 15% down minimum
-3-4 Units- Must be FHA and pass the self-sufficiency test
-VA Loan- Zero down for 1-4 units!
Action
-Connect with an investor friendly lend...
Chris Combado
1031 Exchange into Multiple Properties
Im considering selling a rental property and doing a 1031 into two separate properties. Both properties total costs will add up to the cost of the property I'm selling. The properties I'm looking at combined, require ...
Sam Booth
Debt Service Loans DSCR
Hi all,I have purchased a few rentals with my income but now want to move to purchasing based on the rent the property would give. Do you have any recommendations for lenders in Alabama?
Shawn Slaven
Loan approval without experience?
Hey everyone, I’m having difficulties understanding the lending side. I’m trying to house hack and would love to purchase 1 a year to grow. I found a property and closed on it. I plan to fixed it up while staying th...
Cynthia Chang
Had anyone use Strongbrook?
I recently heard that they have a 5 or 10 years retirement plan but I also heard from members that the cashflow is small. A member in biggerpockets said that he make $10.96 the first year in cashflow and around $2k...
Matt Toeneboehn
Physician loan vs. VA loan
Hey everyone,
I'm an active duty, military physician and have an upcoming move in JUL2022. I'm tired of paying rent and hope to house-hack and continue to invest in rentals in the future. I'm married, have 3 kids, an...
Brian Boyd
Knoxville Properties- First Multi Family
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Knoxville.
Purchase price: $155,000
Cash invested: $36,000
Our first foray into multi family investing. This was a turnkey...