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This may be a silly question, but does the 2% rule apply to homes that I would buy outright?
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One more thing, is the 50% rule only applicable to financed rentals? Be...
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Greetings BP!Just sharing:I am a diligent hard working, creative and a flexible professional. With my eyes WIDE...opened. This newbie is now in a place of looking to work what she has obtained, while I am still young....
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Does the property tax rate have a cap on annual increases in multifamilies?
How much is it?
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In the beginning of 2024 I bought an investment property. After freshening it up and getting it rent-ready, I was able to list it two weeks ago.I've had a decent amount of interest, two open house showings with about ...
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Good evening! I recently heard from a colleague that you can choose the Appraisal Management Company (AMC) used to obtain a mortgage from a bank. The idea is that if the AMC is familiar with you, they might favor a hi...
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How are you all applying for PPP loans? Do your banks accept applications now?
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Hello gents!I’m starting my journey into investing in real estate. My idea, together with a partner, is to use the DSCR loans to buy different properties in the midwest. Talking with a lender he told me its not possib...
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I am planning on rehabbing a unit in a 3 unit building. The other 2 are done. Just to throw some numbers out there, If it costs about 45K to rehab and rental income should be about $24000 a year. Is this a CoC metric...
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Planning to purchase in Phx,Az and surrounding areas, my equifax score is 700, experian 645,no debt whatsoever, have 1099 for 2022 and 2023 (required 2yrs), on my 1099s it says i make 135k per year, do not have tax re...
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I bought the house in 2013 and lived in it for 1.5 years. I moved out and rented the house out for 3.5 years. I just moved back into the house. If I go to sell it in 2-4 years, will any portion of the property sale be...