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Investment Info:
Single-family residence buy & hold investment in Overland.
Purchase price: $37,000
Cash invested: $10,000
This was my first occupied rental purchase and it was located in the St....
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IntroductionOn 1/31/2020, I purchased my first two rental properties. One of which I just sold last week, on 5/27/2021. The following write-up is a detailed analysis on the numbers, from purchase and closing costs...
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Hello beautiful community! In the ever-evolving landscape of investments, I'm curious to hear about the strategies that savvy investors are currently employing. I am navigating the financing of a deal via a DSCR loan ...
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If I turn my home that I had financed through a VA Loan to into a rental property, will it allow me to become eligible to apply for a new VA Loan (or) Will I have to wait until the Property is paid off in full?
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Hello everyone. I have a fourplex on the market that has very high cashflow and good terms that is under a VA loan. I was contacted by a real estate agent today with a client who would like to offer full price but ass...
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Hello all, I currently own 3 townhomes on a street with a total of 12 townhomes. The owner next to me has offered me a owner finance deal for his 8 town homes for 400,000. He wants 80,000 up front on a 3 year balloon ...
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Hi everyone, I am continuing to try and apply BRRRR principles and could use some insight on a deal I have under contract. Deal specifics:Single family home, contract price 120k, currently valued as is 170k(seller wan...
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I was hoping someone can help me understand the process of BRRRing using a hard money lender for acquisition and then refinancing after renovation and renting. If I do not have a W2, am I still able to refinance into...
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Hi everyone, question regarding FHA loans. I've heard on several podcasts recently about refinancing an FHA loan into a conventional mortgage, to free up your FHA loan for reuse. How many times can this be done? Ca...
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I have some cash that I'm interested to invest in real estate here in Ontario Canada and last week I went to a mortgage broker to discuss potential mortgage + improvement deals that I can qualify for so I can start lo...