Today I went to look at my first rental investment property. I am hoping to BRRRR. It is a cash flowing 2 unit multifamily building. The rent is $700 + $700 = $1400. I've estimated NOI to be around $11,000. Cost is $8...
Another thing I thought I would mention in regards to cost segs is they generally increase the amount of tangible personal property, which is really anything but real property and intangible property.The definition of...
I have a simple question for some of you seasoned landlords. I have a family member that will loan me all funds I dont have available for a rental I want to purchase. After I finish all improvements and get a renter i...
Hello! Quick Question!
I am in the middle of getting a loan with a small credit union in my area, and recently rates dropped and I asked my lender what the rate was now and he said it was the same for my deal. Does t...
Capital Markets Commentary
– September 10, 2024
Good Morning! Here is a quick update on the market for you:
Fed's almost certainly going to cut rates this month—traders are split on how big it'll be though.
Odds a...
Hi. I'm from the Philippines and would like to ask how most of you build your credit in bank(s) or other lending institutions. And regarding refinancing, how does it work? Thanks.
Looking to invest in a possible rental property that is a triplex. They already have 2 of 3 renters & it is cash flow positive from the looks of it. I currently bring in around 85k per year w credit in the high 50...
Is the process of assuming a Loan the same as getting pre approved/ approved for a loan? Is it best to assume a loan or refinance a loan? Taking over my parents property. I have the good income but not the best credit...
Hey everyone, I need some help on how I can find ways to purchase a house to flip with bad credit. I will probably do most of the work myself (paint, landscape, plumbing, Electrical). I don't know much about how to ge...
My company is developing in a Master Planned community with a fortune 500 builder that owns about 90% of the project. Some roadside, water, landscape, and light improvements still need to be made for the project to be...