After doing some digging around and speaking with several lenders, it seems that the normal guidelines for banks to fund an investment buy and hold property is a 25% down payment, plus 6 months worth of mortgage payme...
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My understanding is you can get a DCRS loan at 1.2 - 1.25 debt service coverage.
Assuming the property is currently being used for short term rentals:
What is stopping me from acquiring a property having less than t...
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Hi,Through a syndication portal, I got access to this equity deal (as part of the 86% pool). It's a 52 unit in a B class neighborhood in the Sacramento area. On top of checking the financials, I took a look on craigsl...
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I'm looking into investing a good amount of cash in my first syndicated apartment deal. Buy-fix-reposition-hold. I am imagining there are about 25-50 fairly sophisticated individuals involved on the equity side, maybe...
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I am a few chapters into a book on apartment investing. Its called Multi Family Millions. About reposintioning buildings and making big profit.
Anyhow...I've got a couple of questions already. That may be answered la...
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Hi!We obtained a HELOC and looking into our first multi family investment property. We wanted to explore the turnkey routine but I spoke with a few and I feel like that may not be the direction I want to go.Anybody ha...
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I'm constantly looking at the market as I'm a licensed agent with Keller Williams.I plan to leverage 100k from a HELOC.I'm just not seeing something that makes me want to dive in feet first.I person I ran into some wh...
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Hi everyone, I'm a newb. I have been studying REI for the past 5 months now and I'm ready to take action. Back in April, I began sending out yellow letters to probate leads and absentee owners here in Ohio as well as ...
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I am a Real Estate Agent, and I would like to start developing land in NY. I would like to get a group of investors together, but my question is how would I get paid while the project is under development? I know that...
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Acquired our first rental property and working to attract a qualified tenant. The rental is listed on Facebook and Zillow: https://www.zillow.com/homedetails/102-S-30th-St-Harrisburg-... We have had 3 showings but hav...