Folks, I was talking to a turnkey company to buy an investment property, and looking at a few properties. Their pro forma sheet doesn't take into account ANY vacancy or repairs when calculating cash flow, and the rent...
Hello,I was wondering if you can use a DSCR loan for flipping? Does anyone use this loan for flipping?Thanks,
Different forms of this question are posted frequently and the answer to the title question is the same as the answer to many real estate questions—it depends. To answer this question we must have a common unders...
Hey guys,
I talked with a builder earlier today about my desire to have him built some duplexes for me. I have around 350k liquid ready to deploy for buying land and securing a construction loan. He told me that he p...
Hi experienced/ inexperienced guys and gals alike. My name is Tarica but you guys can call me Rika. I am a nurse from Rochester, NY looking to rip the bandaid off and jump into the RE game head first! I am super excit...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $860,000
Cash invested: $50,000
Converted detached bedroom into permitted ADU. Bringing in $2,200 for the A...
Hi everyone. Was looking to hopefully get some help from you rehabbers on this possible deal in my near future. It's a 4 bed 3 bath in a fairly nice area in Alabama (but I'm in Georgia!!). The pros are: Great, cute...
I moved tenants into a duplex where I'm currently staying. It is a very cheap unit near a university. They have done nothing but complain and make up complaints. For example: "nobody cleaned it before moving in" W...
What does the surge in 2024 of newbies (inexperienced & making mistakes) doing creative financing purchases, mean for 2025? I think a new administration brings new ideas and new people. They may take an interest.S...
Hi everyone,I'm currently looking to purchase an owner occupied 4 plex in the salt lake area. The prices for your run of the mill 4 plex here are on average upwards of 300k with rents coming in around 700 - 750 or so...