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I just finished a rehab on a duplex that is in an LLC when the covid-19 crisis happened. The mortgage broker that I normally use is telling me that it’s impossible to refi an investment property right now. Does anyone...
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I have been looking at a lot of single family homes and Multi-families and I can't get over the prices in New Bedford. Now I know, New Bedford is the armpit of Mass but I also know that you can ...
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I have two mortgages that will adjust in March 2024 and one more in March of 2025.
I'm thinking of waiting until closer to the adjustment date to pull the trigger.
Option 1 - Full refinance cons-- expensive and high...
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Today my lender sent me an email asking for the purchase agreement on a new duplex. He said that the appraiser has asked for this document in order to complete the appraisal. Is this standard practice? I see no reason...
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Hello all!
I currently have 3 SFH properties that are held within a series LLC (each one in its own series) in the suburbs of the KC, MO area.
We have been working with a local commercial bank for these 3 homes tha...
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I'm a long distance investor. As a quick-and-dirty approach I use school quality as a way to guestimate neighborhood quality. The downside is this isn't terribly granular so it can be misleading. Some cities can be ve...
Newbie Joseph Smith from Brentwood, TN. I'm originally from Atlanta, Ga. My background is automotive engineering. I have ZERO knowledge in real estate, but I'm interested in wholesaling as well as some day getti...
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Hi! I am wondering how to form a holding company. I was told that you just form a standard LLC and I would just list my current LLC as a managing member. Is that correct?
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We hired a contractor that patched our recessed light box in order to have a flush ceiling a few weeks ago. I know this patch job looks like crap, and we seriously regret doing this project in the first place.But movi...
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We're almost done closing on the refinance of our home from a 2-Year ARM to a 30-year fixed at 3.875%. We have lived in the home for 9 years and have about $90,000 in equity on a value of $340,000 or so.As we have bee...