Looking into options for refinancing 8 SF. Currently they are in a portfolio loan at 4.5% on a 20 year amortization with a 5 year reset. Total LTV of the portfolio is 80-85% depending on comps. I’d like to increase ca...
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I am working out a deal with a seller to do a lease option on a very large commercial lot with building. It is not a typical situation. The owner is in an adult care facility. It is the Trustee that I am dealing wi...
Hi, I asked earlier about building a condo ADU and got some great help with that. Now I am looking into what the implications are as far as property taxes. (Our original house has ~$5k annual property taxes. The land ...
Don't know where else to put this.
I have a keysafe on my house. It was working 7AM Monday morning, and later when an agent went in. An agent called a little bit ago, (Friday) they couldn't get the keysafe open. I wen...
Hello All,I was listening to a podcast this morning and they brought on a property manager who said that many newbies do not take into account that the assessed value of a house resets once it is purchased and therefo...
So I’ve got a deal under contract now that I’m almost positive will be a true $0-in BRRR in that I can buy then refi and get all my cash back out and maybe even a bit extra. Now, know that I’m a bad landlord because I...
Rookie question: Traditional lenders say they'll only make a commercial loan for a SFR property because it isn't my primary residence. They'll do 20 year amortization with a 3 to 5 year payoff or at least a rate res...
Hey Team,
I'm ironing out the logistics of a deal that i'm currently working on. Looks great, but want to re-run the numbers again to verify. I'll even post the deal!
Where do i get these quotes from? T...
This situation is for a family member and I'm not quite sure what they should do. So I'm hoping to get some advice from everyone.The property is a triplex which they purchased about 10 years ago. They live in one and...