Hello all, I'd like to know what would be considered "good" terms on a private money loan.I am in contact with a hard money lender who's terms are 9.75% interest and a 1.75% fee. Do you get considerably better terms w...

Hello Everyone,
I am new to the forum, and apologize if this is too many questions. That being said, I am from Minnesota and I am looking to get into the STR market.
In particular I am considering condo units in th...

How do you feel about this financing option? Fix and Flip Loan Product:Financing covers acquisition and rehab Cash required: 10% of acquisition and rehab costRates 8.5% to 9.5%Term 6-12 monthsLTV Required 70% as compl...

Hello, first post here. I am looking for recommendations for a PM in the Lewiston/Auburn area. I am currently looking at a few different properties in the 2-4 unit range. I work overseas so I wont be able to manage th...

Hi all,

I'm in process of purchasing a buy and hold property in Memphis but I've been informed by my Realtor that closing cost could be as high as 3 - 4 % for lower priced homes in $100k range.

Can anyone confirm ...

My goal is to house-hack a large single-family home and rent by the room using a low down payment owner-occupied loan. I have a meeting with a mortgage broker next week about loan requirements. I don't own any real es...

Hello,As you know, the cash flow after debt service will go up or down depending on the rate you are paying and hence the monthly mortgage.Rates go up and down, but will likely go up in the future.For someone who's pl...

I have a single family home that I've been trying to find a Property Management company to work with and I can't believe how difficult it has been. We will be out of state so doing it myself is not really an option.Fi...

I'm looking to purchase 5 new units in a short period of time. My question is: Is it better to take 5 individual mortgages, one for each property or a blanket loan?Background:  These would be short term vacation rent...

I'm heading to the Gatlinburg/Pigeon Forge area to look at some cabins (3 - 4 bedrooms). My analysis is showing projected annual income after expenses at about $30k (20% cash on cash return) using today's home values ...