Hi all, I just received the below term options on a DSCR new purchase loan (780 credit score). I'm curious to learn if these seem in the reasonable range including the fee amounts. I'd also like to ask if the rate di...
Hello everyone!My friend and I have been tossing the idea around of investing in our college town however I've been having second thoughts regarding the process. I wanted to reach out and ask if any of you have had an...
Hello Fellow Landlords,I purchased a two family residential property (vacant) that has a commercial unit on the property but complete separate (occupied by a pet grooming store). This is in Binghamton NY. The groomin...
I invested in a property in property in San Diego in 2015, whose numbers were indicating it was going to be cashflow negative by a couple hundred dollars per month. I was a little surprised at the near universal advic...
I need serious input! I just looked at a Historic house in my town that has been sitting vacant for over 30 years. The family finally put it on the market and are asking $80K. The realtor thinks they would take $40K o...
I'm looking at this building, ARV (though I plan to hold) is 750k, needs 100k at least (150k pessimistic est), and the seller is down to 425k (mortgage is 410k which I will assume, though I will have to pay back some ...
Economic Update (Monday, October 12, 2020)
Make no mistake: no one has enjoyed this Pandemic and...
Investment Info:
Buy and hold duplex in Minneapolis, MN
Purchase price: $275,000Cash invested: $85,000 (~73k for 25% down payment and closing costs, the rest for renovations).Monthly cash flow: $520 (will be $750 on...
Does anyone have suggestions on an insurance company in SC that will provide liability coverage for STR's? Not looking so much for damage to the rentals, but to cover injuries should someone get hurt on the property. ...
Hello guys,So i have a property i been trying to rent out for a month now with limited response. Today i get a text from a mom and 2 kids. Recently seperated. She said she is willing to pay a full year up front which ...