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Current situation:I agreed to purchase a property "contingent upon building inspection." Yesterday I had said building inspection. The units were to be empty upon inspection. (2-3 hours) While my inspection guy was ...
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Hello everyone, first of all, I am a remote investor and have a property manager manage my property. We have been looking for tenants for a month now and have not been successful. To help the property manager, I hav...
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can hard money loan rates be negotiated?
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Newbie questions. I'm analyzing 2 properties as serious contenders for my first deal (long term rental).Would you pick a lower CoC in a "better" area or a higher CoC on a "lesser" area? Neither area looks like "Esca...
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So, here's what I mean:For simplicity sake, lets say both a HELOC and Cash-Out Refi have the same rate and I'm ignoring any closing costs. If I paid the same amount of money in the same amount of time, would either o...
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Has anyone else seen that rents in Columbus are mostly around the 25th percentile number on Rentometer.com (if not slightly lower)? I even played with the settings and changing it to 6 months at 0.5 miles and 3 month...
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I know there were be slight rate and point differences, but is there anything else that makes one Refi option better than another for Cash Outs?
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I'm just starting out as a passive investor. I'm considering this storage development where the LTV is around 80%. I know 60-70% is the general recommendation. I'm a little concerned about how high the LTV is. However...
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BPersI have been looking at the RE in Little Rock. Wondering how anybody might be doing in that market. Thoughts on what potential there is looking forward.
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Does anyone have recent recommendations on banks willing to write conventional loans at lower price points ie $60k? Also, what rate range should be expected? Thanks!