Tim Jacob
Rental property expenses
After managing many properties in my state of Maryland over the years I have seen the law of averages even out over time when it comes to expenses in various asset classes so Im posting this to give people some genera...
Kellie Powell
When to scale your buisiness? Should we hire general labor?
My husband and I have an LLC flipping houses. We are currently working on our 3rd investment property. He does most of the labor, I do all the designing / bookkeeping and painting. With him being the only person o...
Ling Zhang
Chicago downtown apt investment
Is there anyone that has investment experience in Chicago downtown? I have looked up some properties. Apt built within 20 years has lower HOA, more amenities, however tax are pretty high, rental return is maximum 4-5%...
Natasha T.
Risks of High LTV on storage development?
I'm just starting out as a passive investor. I'm considering this storage development where the LTV is around 80%. I know 60-70% is the general recommendation. I'm a little concerned about how high the LTV is. However...
Lynne Burke
How to find direct lender for DSCR?
Husband and I are looking to finance a single family home in Delaware. I got a couple of quotes for DSCR loans, but they seem high. 20% down on a $630k property, for $505k loan @ 7.5% (or buydown with 2 points to 5.5%...
Justin Moy
The Top 3 Advantages Of REITs For The Beginning Passive Investor
Here are the top 3 reasons why an investor could choose to start investing in REITs, especially early on in their investing journey.1. There are 2 types of REITs, there are private and public REITs.Public REITs are li...
Richard Jennings
Are foreclosures be a good start for first time buyer/investor?
Considering foreclosure homes. Would this be a good strategy especially if the loan has been payed down significantly buy the owner? I'm thinking to it would be a good opportunity to refinance? After a year or two. T...
Mike Austin
New Member - Central Texas!
Hello,This is my first time posting. I live in Central Texas and am just starting to learn about REI. I am planning to use an owner-occupant(fha) approach to acquire my first multi-family unit.I was hoping someone cou...
Steve Maye
Need advice for financing purchase
Hello,Recently I posted a topic about purchasing my next rental property. I had considered paying it off in full rather than any financing, but I received a lot of advice showing that having some debt was a good thin...
Christen G.
Refis: HELOCs vs. Cash Out?
Hi all,We're working on re-fing three small multi-families that we're holding that have higher rates and ~$300k in combined equity! In the COVID-19 financing climate locally, we're seeing higher interest rates for inv...