Ryan Prange
Should I get a business loan to pay off 2 houses?
I have 2 long term rentals both at 7.5% interest rates.1. estimated value: $950k, outstanding mortgage of $574k2. estimated value: $900k, outstanding mortgage of $514k#1 cash flows nicely for me at $2500/mo, but #2 le...
Scott H.
4th property since May
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $41,500
2 bed 2 bath with attached garage full basement and bonus room 750 a month rent
How did you find this...
Brian J Allen
Why Are So Many Houses Bought with Cash?
You hear these numbers about cash home purchases. This one jumped out to me. In April of 2024, 64% of homes sold in Manhattan were paid for entirely in cash.
We know that cash is king, but that is a big kingdom.
Whe...
Bradley Jernigan
Good tips to raise money
One of the biggest blockers I have seen from potential investors has been them not having enough capital to get started within owning real estate. If you do not have enough capital for a multifamily property then here...
Asher Anthes
Old house with Land
Okay so I'm looking to buy this house owner occupied, and then rent out my current house.
It is a forclosure owned by a small bank. It has 11.5 acres, a pond, almost 4000 square feet. It needs a good bit of work th...
Frederick Rauh
What are typical terms for permanent financing of medium to larger multi family?
Hi all. I am working on the feasibility of a joint venture multifamily development. I would like to re-finance into long term debt once the project is finished using a DSCR type loan. Is it possible to get fixed rate ...
Matt Woror
FHA Loan Questions
Hi,
3 Years ago I purchased a 4plex and have owner occupied one of the units since then. I purchased the property with 3.5% down using an FHA loan.
Now, I would like to purchase another property, as I'm quickly ou...
Matthew Keller
My First House Hack!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pittsfield.
Purchase price: $169,800
Cash invested: $8,000
My first house hack! Needs some TLC to bring it up to market re...
Account Closed
Loan on a cash purchase other than a Refi?
Looking through some of the past posts on this question mine would be is there another way besides refinancing a cash buy? Lets just say a cash buy of 55K, home has a FMV of 95K and a tax appraisal of 118K. I would...
Hunter L.
Owner-Occupied Re-Financing Question
Let me preface this by saying I've never refinanced an owner-occupied single family home.
I was considering putting an offer in on a condo being at around $200K. I was looking to use a 3% down loan to get into the ...