I currently have a fha loan on a two-family. I plan on refi to drop the fha loan and as well as PMI. The LTV ($162,000-$235,000) = $73,000. Since it is a multi I’m told I’m only able to tAke 75% of the LTV ($73,000x.7...
I have had my first offer accepted, The property was listed for 175k and our agreed offer price is 135k. Thats 13,500 a unit! The property is lower-income, I am willing to endure the process of transitioning the type ...
REI multi-member LLC conundrum!
I got two friends and my little sister to go in with me on investing in a single family in a dilapidated neighborhood for $31k (8.2k per person) in South Jersey. Since purchasing the h...
Military & DODIn Montgomery, the military community contributes an estimated $2.6 billion to the local economy annually and represents 68,473 people (nearly 20% of our population). This number represents act...
This is scheduled to go before the City Council for a second reading on May 16 and then the Mayor will sign it into law. We estimate it becomes effective around June 16.
Highlights (all page number references relate...
Im analyzing my first MHP and the seller didnt include property management as an expense when calculating his NOI. Even if it will be self managed do should I still include management cost as part of the operating exp...
Will the Midwest and/or the entire country pay the price again?
according to article in new Bloomberg business Week of June 10, 2013, page 52.
"We just don't see the returns there, there's a lot of bluntly -stupid money that jumped into the trade without any infrastructure, witho...
Hey Ya'll,This thread is intended for those who own/operate mill houses successfully. Let's keep the negativity around the asset class away...Mill Houses comprise much of the most affordable inventory in the Carolina...
Hi BP,
Is anyone doing Airbnb in LV? What has your experience been like? What areas are you in? I know STR are not allowed in unincorporated Clark County. Does anyone know where I can look up Airbnb permitted areas, ...