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In the Waxhaw NC area I am trying to buy a piece of property that has three separate parcels with three separate owners, gifted by the grandparent who recently passed away. Two of the parcels are vacant land with no ...
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My situation: I have about 80k liquid in the bank, am able to save about 1.5-2k per month at the moment. I'm going to be investing out of state, so with a conventional or commercial loan I will likely have to put 25...
I can only be pre-approved for about 160k, the triplex is probably worth more like 800k, the current landlord bought the property in 2006 for 545k. I could afford a downpayment for an FHA at 3.5% but I don't think I c...
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So, I have been shopping around for different deals that I can find within a 3 hour driving distance from my current location. And, now I think I have one and would like some guidance. I have little if any money for t...
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Hi, I need some guidance with a refinance question. If I sell a property on a land contract and I want to get cash out of the property. Is it still possible to refinance, let say 70% of the property?
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Hi everyone. I currently live in Massachusetts and am considering purchasing a single family rental property in Tennessee. I've heard that financing can be a little more challenging out of state. I was wondering wh...
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Can you get more that 4 units with a DSCR Loan?
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Hi everyone! We are currently running into a financing issue. I work on contract and my boyfriend is 1099 so we're having a hard time getting our hands on a mortgage. We've been debating back and forth about how we we...
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All,
First, thank you in advance for all the insight I will receive from all of you. I'm a real estate investor who currently lives in Washington, DC. I have 3 doors and am trying to expand further.
My sister and I...
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As real estate investors, we’re always focused on maximizing our returns. But what if your current financing strategy is quietly eating into your profits?
Let’s discuss the hidden costs and potential pitfalls of trad...