John Timmerman
First BRRRR refinance
Hey everyone,I’m doing my first BRRRR and we are likely going end up with slimmer margin than planned (Reno costs). With rates still going up. Is cash-out refinancing still a good idea as long as rent covers the payme...
Nicholas Baker Wood
How I turned $10,000 into $90,000 in 30 days!
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $321,000
Cash invested: $10,000
I assisted an investor in purchasing the next-door 8 unit building for an e...
James Ohliger
Quit Claim out of an LLC for Re-Finance?
I am about to purchase a short-term rental property and I'd like the property to be held within an LLC (as my other properties are). My lender tells me that since Sallie Mae guidelines allow a transfer to an LLC that...
Elie Merisier
Which Loan Option is better for Househacking?
Hi. I hope you're doing well while reading this.
I am looking to HouseHack a multifamily property. My credit score is above 740, I'm a first-time home buyer, and I recently graduated college. My DTI is roughly 25%. W...
Nicholas Baker Wood
How I turned $10,000 into $90,000 in 30 days!
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $321,000
Cash invested: $8,500
I assisted an investor in purchasing the next-door 8 unit building for an extr...
Joe Yobaccio
Non Owner Occ,SFR loan rates (July 2022) too high to cash flow?
I am getting both conventional and non QR rates for non owner occ, sfr rates of above 6 for amortized loans and 6.75-6.99 for interest only loans, all non owner occupied and with 1/3rd down. Even with $3400 month ren...
Ron Gunning
Vacation Rental in North Wildwood, NJ
Investment Info:
Condo other investment in North Wildwood.
Purchase price: $360,000
Cash invested: $72,000
This is a Vacation Rental at one of the hottest beach towns in NJ. Right now, the place pays...
Ahmed Alswaiti
DFW Adapting to New Change
As we see signs of health and potential growth in the DFW real estate market, this could be underpinned by strategic adjustments to emerging challenges and opportunities. Despite the growth in the DFW housing market, ...
John Williams
Buying for Appreciation
I usually analyze real estate in terms of cash flow and cash-on-cash return. I am curious, is anyone analyzing and buying real estate for appreciation alone? If so, what are you looking for? How do you analyze a deal?
Matt Lawrence
Can I deny a rental application because they smoke
I own a house in Portland Oregon and I have an applicant that says they smoke but they’ll do it out side. We have posted we have a strict no smoking and no pets policy in our two unit building. Is it legal for me the ...