DJ Porter
MPF on an assumable loan.
I ran into a MFP for sale on the MLS. 78 units total. The list price is $4,900,000. But there is an assumable loan of $2,740,000 at 3.96%. I'm not sure how much longer the term is.
This may sound crazy; If I bought ...
Ryan Keenan
Heloc on investment property
Hi BP,Does anybody know where to get a heloc on a investment property. I got pretty far with td bank until they found out I have 6 investment properties. They only led up to 4. Wells fargo you can only have 5 and pen ...
Constantia Petrou
Working effectively with property manager
Hi everyone,I just hired a property manager to manage several of my single family homes (class A). He is very good at assessing the market, showing the properties and finding tenants quickly. He seems to not be very t...
Besnik Kadriu
Getting approved for a loan
Hello all , currently working part time. Having difficulties qualifying for a loan. Besides hard money and private money. Any advice on how to get qualified? Please please It’s greatly appreciated! Best , Besnik
Stephen Swanson
Estimating Maintenance & Capex Costs in Bay Area - Older Building
Hi All,I'm looking for a house hack in the Bay Area (SFH with ADU or 2-4 multi), probably an older building that is in good to rehabbed shape, in the $500K-$900K range. Rules of thumb of monthly 5-15% of rents for C...
Jack Zhuang
Building my own ocean view rental as my first MF deal? Challenges
I've been looking for my first commercial MF investment deals for a few months now. I've always thought I would buy an outdated class C 8+ units MF then pursue the value add route. Other people has done it, so could I...
Chelsy S.
Louisiana Citizens Fair Plan Assessment - Tax Deductible on Rental?
First timer for tax filing as a landlord.... I know I can deduct the property insurance as an expense, but my question is regarding the credit for the LA Citizens FAIR Plan charge which is on all Louisiana policies. I...
Daniel Dietz
What type of loan is best for this situation/advice?
Hello,A family member has a somewhat 'unique' situation coming up dealing with an estate and I thought I would jump in here to help them get some advice.Situation is this; they (family member) are one of three sibling...
Stephen Briggs
Looking to finance a rental property
It would be my first investment property and I am working with little money. What would be the best way to go about financing my first rental property? What are general qualifications?
Michael Watson
Thoughts on Central Texas Investment Opportunities
Hi all,
Long post so please bear with me... I have two questions: (1) I live in South Austin and have been shaking the trees for about six months trying to find a deal to buy. I am interested in SF, duplex and up ...