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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
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Hi! I am a total newbie so please take it easy on me. =) But I'm wondering if it's worth it to consider buy and hold investing in the Triangle Area, NC (Raleigh-Durham). I just learned about the 2% rule and it doesn't...
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I am a newbie and just established an LLC for the purpose of buying single family,duplexes and quads as buy and hold investments.
The mortgage broker just informed me that lenders will not finance a conventional mort...
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Hi guys. I'm wanting to get started on my first rental property but unfortunately can not afford anything in my back yard (California). was looking into out of state properties around the 80k range (which is the max I...
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I own a house and I have one rental. I'm looking for a second rental. Will a bank give me a portfolio loan to buy a house? I'm looking at houses in the $80000 range and lower. Credit is like a 720. Can any banking pro...
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I am a limited partner in several syndications in Kentucky, Texas and Georgia. I am a Michigan resident. I receive a K-1 for all 3 for my federal taxes. Will I need to file a Georgia and Kentucky state income tax retu...
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Hi,Does anyone have any experience with attaching a JADU to a newly constructed ADU? Does the JADU have to be attached to the primary dwelling? Your input will be greatly appreciated.
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Hello BP - Anybody know where i can find the answer or have the answer? Property is located in Maple Valley, WA. Appreciate sharing your experience.
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So I just got off the phone with a Wholesaler (of 14 years, according to him), and asked about a property of interest. This property has been reduced $13K (interesting)...Here's the conversation:Me: Is this an assignm...
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Me: 2-4 units (including multiple houses on 1 lot)
Location: SF Bay Area; Richmond, Oakland
Why?
1) 30yr fixed rate financing. I plan on owning the "fix and hold" properties I buy for AT LEAST...