Ben Roberts
Second set of eyes in Memphis
I'm considering a buy and hold or potential wholesale deal in Memphis, TN and would greatly appreciate a second opinion.ARV: $55,000 Purchase price: $43,500 Rent: $775 / OccupiedMgmt: $77.5 Repairs ...
George Ganis
Impact of inflation
I would like help thinking through the impact inflation will have on my buy and hold returns, specifically when financing with an adjustable rate mortgage.I am thinking about bundling some SFRs into one package and re...
Dick Maykel Ortega
Deal Question - Seller Financing: prepayment penalty
I have been working this deal for about 5 months. It is finally closing on Friday. The seller just realized that I could pay this off next month at a great price. He was also offering seller financing as a tax strateg...
Sara Taslitt
Deciding between a fixed and a 10-1 arm mortgage
Hello-I am in the process of closing on my first property. The bank has offered me a 30 year fixed rate loan at 4.8% and a 10-1 arm loan at 4.0%. I am leaning more towards the 30 year loan because it feels less risky....
Jeff Overstreet
30 year multi-family loans
I have the opportunity to buy a apartment complex for $1,500,000. The broker said he had a commercial banker that would give the following deal: 10 yr fixed/30 yr amm- 80% LTV at 4.65%.I have over 50 units, but they a...
Ray G.
Commercial Loan Terms Analysis help for Multifamily deal
In the process of purchasing a small commercial residential 12 unit multifamily deal. I'm pretty well versed on the non commercial residential side but this is my first commercial residential deal and i could really ...
Linda S.
CPA Recommendations in Richmond?
I'm looking for recommendations for local CPAs that don't charge an arm and a leg, and focus on real estate rentals. Thanks!
Dustin H.
Single family flip fund cost allocation
Hi all. Wanted some input if anyone has any ideas here. We flip houses in multiple markets with mid sized volume (67 closings so far this year and around 50 houses in inventory). We are in the beginning stages of r...
Jerry Smithson
Sell house to LLC on paper
So here is my situation. I owe about 54K on one house (appraised at 70K, but could probably only sell for 50K). I bought the house 5 years ago for 24K and rehabbed...but mostly would be expenses and no cap. I have ...
Connor Castillo
Buying a home with a personal loan from your own LLC?
Hi,I was wondering if you could get a construction loan with an LLC. Build a home and then purchase that product with a personal conventional or FHA loan?