My goal is to get a conventional loan to buy and hold a single family rental to generate a positive cash flow. I am looking for a rule-of-thumb or general advice, not specific to my situation because there are so many...
Hoping for some help with a plain-english translation of this information from my Community Banker on commercial loans:“5-year fixed rate, 10-year maturity, up to a 20-year amortization. Start rates are around 4.75% ...
I read the great blog by Rob Barney, “Bird-Dogging 101” where he gave you the general rehabbers calculator “A Typical Deal By The Numbers”.
For those that haven’t read it:
http://www.biggerpockets.com/articles/bird-d...
We have a contract on a property. The owner has the property in an LLC that has been dissolved by the State because they haven't filed annual reports or taxes since they set-up the LLC.The owner filed to have the LLC ...
Hi BP!I have 3 condos in San Diego that I'd like to refinance and take equity out of (to pay down debt). I estimate their combined value based on the current market to be around $900k.The goal would be to extract max...
Hi All,What are some of the qualities that I should use to compare conventional lenders? A friend of mine, said to get these to compare.Good Faith EstimateInterest Rate APRBank FeesRight now my wife and I are on the ...
Alright guys - tell me, is this a good path? Or should I try to fast track it. Should I just try to acquire a property once a year (rent the old live in the new) and keep doing that for next 10 years and so on or shou...
I am moving states and just have one rental property right now. I'd like to sell the property so I can invest in where I'm moving to and not deal with long-distance maintenance. My current renters have expressed inter...
Zillow says the highest sales price to list price homes had wheat colored kitchens...on average or some such. A fact(?) derived from their data mining.
Have any of the data mining entities (zillow, corelogic, etc) p...
Found this listed just a few minutes ago. It's a duplex in Atlanta listed for $99K. Here's the rundown on the financials:
"Rent Income:
$1570/month, $18,850.00/year. That include $100 water bill that I collect from...