What are potential obstacles when trying to BRRRR? For example:1. Are there cases when you can't refinance ?2. If you buy the property in cash can you refinance?3. Do you have to have a W2 job to refinance? Do you ha...
Hello,I own 100 properties in my own LLC. I have a lot of experience managing long term rentals, flips etc.Two family members of mine have formed an LLC, each putting in an equal amount of cash. The intent is for th...
I am wanting to buy a 4 plex as an investment property. I have about 75-100k cash. Properties are about 200k. How much should I put down? Enough to make it cash flow? The minimum and keep as much cash as I can?
Hi,Purchasing a buy and hold property in the Hamptons, NY for $1,895,000. Will put $500K in property. ARV is $3M conservatively, with a really great reno can fetch up to $3.5M. Purchase contract has no mortgage contin...
Apartment investing seems highly profitable. How simple is it to get one financed for a unit over 1M. I understand evaluating the property and making sure it cash flows, but the financing side of the house I still hav...
When putting together our first multifamily deal, we built in a cash reserve to be used over a five-year hold for such things like capital improvements and unit upgrades. We don't anticipate using all this money in ye...
Trying to do a refi on my rental found a lender but they said the house wasn't "worth enough" (150k)
Everyone told me not to use WF. My bad.. The issue is unknown... they actually never bothered to notify me. My realtor did. I think it was because the loan amount is too low..22k. Waiting to hear Monday what they s...
Say I have this example
Rental Property: $100,000
Loan Amount: $75,000
Loan Rate: 5%
Years: 30 Year Amortized
Monthly Payment amount: $402.62
LTV ratio: 75%
My money is bei...