Hello hope everyone is doing well. I had this thought which I don't know the answer to. Looking for some help. Lets say my partner and I wanted to purchase a 6 unit property. Could you by chance split a property in tw...
I'm a new investor and working on making my first purchase. I was approached by an agent who claimed I most likely wouldn't qualify for a conventional loan based on the fact I wouldn't be living in the residence.I hav...
Hey everyone quick question looking forward to everyones feedback, We have 150k, We are actively searching for a deal to add value too and flip. We have a great relationships with our local bank and wanted to know wou...
Investment Info:
Single-family residence buy & hold investment.
My first rental.
This 3 bedroom, 2 bath home provides 1329 sqft of living space and a lot of 8,968 sqft. Entry opens to a spacious great r...
From an agent I work with in the Raleigh, NC area “Wanted to see if anyone knows of a rental property (3 or 4 bd/2bth) that would take on a family whose combined income is $7000+ a month. The problem is their credit i...
I own 2 SFH next to one another in multi-family zoning - about 2 1/2 acres combined. I purchased House A in 2004 for $94,000 with intentions to convert it to a daycare center. Net monthly profit from the center woul...
Buy for cash, rehab, rent, refi to pull your cash out. Rinse. Repeat.Got it.But, that means you take on a cash out loan for every property you use BRRRRR. So, how many loans can you carry this way? Do they have the sa...
It is more desirable to a lender to see a credit line paired off in full quickly or to credit lines paid off on time over a stretch of time?I have student and auto loans and I believe if I paid them off as quickly as ...
Any advice on how to best execute / finance this deal? My previous deals were cash purchases and a traditional mortgage. I have the cash to work this deal as described below, but would like to hear any advice from p...