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I'm looking at a 1800sf duplex building here in North Central Illinois. Built in 1980. Both units rented at 575 apiece. List price is 130k. I've done my number crunching/calcs and the comps/analysis indicate similar t...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $115,000
Cash invested: $25,000
This was a property that I took over. I had to do extensive renovations in t...
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We are in the process of doing a cash out. We’re shooting for a heloc but unfortunately my credit union doesn’t offer them, so I’m shopping around. If we decide on cash out where do I put it? I’d like to find somethin...
Hello all, I have a friend who is a US citizen living/working abroad (Hong Kong) and wants to invest in US real estate. He wants to buy with cash, but also wants to extract equity using cash out refis after 6-12 month...
Lining up my first BRRRR in Maricopa, Arizona. I want to be sure everything is in place. Does anyone have a bank/lender in the Phoenix area they recommend I go through to complete the refinance?
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HelloIm an Australian citizen, I don't live in the USA. I purchased an investment property (SFR) in Las Vegas in 2012.The is no money owing on the property, currently rented at $1000/month. I think the property is cur...
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Looking at some creative financing options to buy properties because I tried to get a pre-qualification letter from a traditional bank and they said that my debt to income ratio too high. Based on my current situation...
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Looking to secure a loan for a home but running into some issues. Here's where I'm at: Self Employed (less than 2 years). Wife has W2.Recently refinanced primary residence (less than 1 year).Can put down 20-25% down...
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If I'm looking for a partner to put capital down while I handle all operations and marketing, would that be considered creative financing or would that be private lending?Follow up–is there an easier way to find a par...
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I just started driving for dollars and have found some vacant homes that are owned by absentee land lords. 1. What should I say on the hand writen letter I send them?Note: - I intend to buy with bank financing.- I am ...