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I am confused with what "DSCR at purchase" is. Does this not include the construction loan ?
For example, when the DSCR is 3.00x and the Loan to Purchase is 68% , does this mean that NOI is 3.00 x the debt from a lo...
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Hello everyone I'm new here in BP I'm a general contractor transitioning into becoming an investor so new in a lot of subjects, I live in Oklahoma, and want to hear everyone's opinions, advices and experiences related...
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I currently have a couple long term rentals and am now looking to add flipping to my portfolio. I am looking in the Cleveland and/or Akron areas. I haven't been able to find any wholesalers in my area so figured I wou...
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I'm looking to add around a $100,000 expansion to my house. I do not have enough equity in the house currently to qualify for a home equity loan to cover this full amount. I found a Fannie Mae HomeStyle loan where th...
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Hello my LA BP Peeps,
Was hoping someone with experiences in buying Multi Family properties (4 units) in the San Fernando Valley could help with what is a realistic Cap Rate, Cash on Cash and NOI deal in our current...
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Hi all!I have a question on adding bedrooms to a property. I am thinking about house hacking, and I would love to try and find a property where I can add a bedroom. If there is no opportunity for this in the main part...
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Hello, new to REI currently an expat in the UK and looking for a market to invest in the states for LTR. Would like to hear your experiences in investing in Atlanta? What areas have the best return? Which is up and co...
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Newbie here thinking long term strategy. I want buy and hold small apartment buildings (6-10 units), scaling up to get to over 50 doors within 5-7 years. After initial capital is spent, what are ways to get financing ...
3 years ago I bought a duplex for $249K at 3.875% interest. The seller told me her niece wanted to rent the upstairs unit once it was renovated and I agreed to a discounted rate to help the deal along. Turns out it wa...
We were recently contacted by a real estate developer who desires to purchase a portion of our land(roughly 13'x210', all along the road). We have 2.25 acres. They need this land so they can add turn lanes to our road...