When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
Hi! Thanks for taking the time to read my post. I am a recent college grad (blessed to not have any debt) working at a small-to-medium sized biotech company in Boston. I have a group of about 5 friends in a similar ci...
I own a house in the Charlotte NC area. Details here:Value: $215-220kOwed: $110K At 4.375% interestRepairs and upgrades already done: $13KRepairs to be done if renting: $12KIf I sell the house now, I’d end up with $85...
Hi folks, first time poster here :) I have a question about debt to income with multiple mortgages. When you have (or have a goal of having) multiple properties does a conventional mortgage lender still look at your ...
Hope everyone's doing well
I spent the better half of last week speaking with private lenders and it looks like I have 2 who are interested in loaning money. (!!!)
My plan is to begin flipping propertie...
How are you limiting liability for your long term real estate business? Is it different for 2 properties versus 10+ properties?
I have not invested in real estate yet, I am just curious to hear some success stories o...
For those of you who use agency debt, I'd like to get your opinion. Are are FMAC Small Balance Loan lenders roughly the same?So, there are only 11 qualified loan originators for SBL. Do you like to work directly with ...
Hi all,I'm going to try to keep this fairly straightforward, and can provide details as needed, but I have a tendency to ramble. Please bare with me and I thank anyone who can provide me any insights.My wife and I are...
We’re looking at two opportunities where we might buy the LLC instead of the property. I haven’t discussed with our attorney yet, but there seems to be some advantages. There are always negatives too. Just looking ...
About me:I am 23 years old, live in Anne Arundel county MD. Have been a Union construction working for the past four years. Currently rent my home but house hack this property ( I live there for free) . Do to various ...