Hello BP
I'm ready to buy my next rental. My bank and mortgage companies I have approached have all stated that I have to put a minimum 20% down. I only have a fraction of the 20% for the price range I'm searching....
I just went by a local home that was in the process of being rehabbed. The investor was not around, but I got the opportunity to ask the general contractor some questions. In our short conversation, I let him know tha...
I am selling a house out of state. Purchase price is $260K, loan balance is $190K. Buyer is buying as investment property, but his rate is over 5%, and making it not much of an investment. Our interest rate on the loa...
Can someone please answer 2 quick questions for me? Thank you in advance.When purchasing a 10 suite apt building, using a real estate agent and conventional financing (Ohio):1. How long is the typical inspection perio...
Hi, I understand that most private lenders want to lend for no longer than 5 years. With this in mind, do investors who use private money need to continually find new private money to act as a replacement? Or are b...
What are the typical expenses associated to a 2-4 unit property in Winter Garden? How much is typical monthly landscaping, insurance,HOA fees (if any), etc?Do tenants usually pay for their own utilities there in Winte...
Hey everyone,Does anyone know how many points I can expect to pay interest on a conventional bank loan?Thanks
I recently bought a 4 unit in DC that will require a cosmetic rehab for the most part outside of a heavy up and replacing some of the plumbing. Based on your experience how long would this type of project take to rehab?
IF you do rehabs, how many HOURS do you OR YOUR CONTRACTOR typically spend at Home Depot, Lowes, your favorite building material supplier, etc etc?
Answer can be broken down into:
1. When project first starts OR aft...
I'm a remote investor starting out in middle GA. I am still trying to assemble my rehab team - it's terrifying thinking you're not there personally to oversee contract work! But my question is, as a remote investor, f...