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Am I correct to understand that a bank or credit union will not negotiate their current set mortgage rates for a small time rental property purchaser? I do believe some banks may have slightly different rates. Do ba...
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I have found two properties that will cash flow and fit the 50% rule. One I am particularly fond of because of location and price. The issue is it is coded as a light industrial property. Traditional financing does n...
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Our latest flip we just finished up. Please feel free to provide feedback. Copy and paste the link below. Thank youhttp://www.zillow.com/homedetails/6755-Brookshire-St-Fayetteville-NC-28314/53696891_zpid/
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,200,000
Cash invested: $1,000,000
Distressed 28 units MHP purchased under consent order. Cleared legal iss...
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I'm seeing a number of houses for sale in the Atlanta area that mention being a PadSplit host. Of course the supposed monthly rent looks amazing. Has anyone been a PadSplit host before? Were the rents as advertised? W...
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I'm debating whether to purchase my mother's home through a private mortgage as a way to start house hacking but want to make sure I am able to build equity in a way that will allow me to use it to purchase a second p...
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So I finally got my first property under contract with a conventional rehab loan. I'm including an additional 20k on the loan to upgrade and furnish the property but I'm unsure about what I should upgrade and what mat...
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I am newer investor to the Cleveland Area. I am looking for MFH, 2-4 units. Vacant or occupied. Need to finance with lender. Please send me what you have. Duplex under 85,000 and Quad plex under 180,000. Willing to do...
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I've been talking to my banker about homepath loans. My bank is a Homepath lender, but they can't do the renovation loans. So I was looking through the homepath homes near me and very few actually have the "homep...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $155,000
Cash invested: $25,000
For this property, we followed a traditional BRRR with a seller finance to acquire ...