What do you say to a seller when they ask how does a short sale benefit me after I've done bankruptcy? Are there even any benefits? What I've been saying mainly is that its added protection and gets your name out of i...
Hello all,I have a question regarding getting my first loan through a portfolio lender to finance my first flip. I hear a lot of people say that you should have your financing in place and be pre-approved before looki...
I am a new real estate investor looking to buy single family and small multi family investment properties out of state. I’m working with an agent I like who is an experienced investor. He has encouraged me to look at...
When does it make sense to NOT complete a 1031 exchange?I have acquired a vacation-esque property in an exclusive gated neighborhood. I plan to sell this home. I expect to walk away with 400-500K but my investment st...
I have a home that I will be leasing shortly (that I was staying.. Moving out for job reasons). I pay around $2,500 per month on a 15 year and may have another 10 years before it will be paid off. The amount I pay in...
I have started to look at 5+ unit multifamily units, with all of my experience being in duplexes (14 units current). I would like some help on determining what expenses to include in the cap rate to figure out the re...
Greetings! My name is Mike.As a locksmith I've encountered a variety of routine service calls, but I've also responded to a few not so routine service calls. While the idea of security seems simple enough, making sure...
Background: just purchased a 15-unit (SRO type units with all utilities included in rent) apartment building in Central Florida.Current HVAC is comprised of window air conditioners and wall gas heaters. Plan: move to...
Hi Everyone,I plan on closing on a duplex soon that has tenants already in it. It will be my first rental property. I've met the tenants and they seem nice and such. My questions is, how often does your tenants call y...
I own two investment properties free and clear, one in Scranton and one in Lancaster. I am looking for banks/lenders that meet this criteria in a cash-out refinancing for free and clear investment properties:
- LTV% ...