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What is the formula for percentage rate of ARV. I've heard the standard is 70%. But then I hear that rate may have to be adjusted. And please give example. Thanks
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Hello, I have been seeing increasing opportunities recently to bid on non performing notes on commercial properties that banks are trying to offload.These notes usually have the following characteristics:The note has ...
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I’m looking to connect with a few people that rent out units to traveling nurses. I have a 4 plex about 5 mins away from a hospital where I just had my baby girl!! But I was curious what things I should be aware of wh...
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My husband and I are looking to buy our first foreclosure with cash from auction.com. The property is 285000 as a reserve, but we are hoping we can get it for 270k since no one has bid on it in the last year (fingers ...
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I have a general question based upon a potential situation.
I am looking to possibly buy a personal residence, and then buy investment property afterwards. Holding both properties. My question is how much do bank...
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Hi, My partner and I just purchased a triplex. One of the units is currently occupied by an existing tenant. We would like to increase the rent based on market value. What is the proper way to bring that up to the ten...
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Hello all,
So I have a possible property I might buy from a relative. The property is worth about 400k, but he is willing it to me for 300k. He bought the property 10 years for 215K, and with loan pay down over the y...
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I am a looking to find funding for buy & hold partners or private money lenders. I am located in a unique area of the DMV (D.C,Maryland,Virginia), so I am accessible to these areas as well as West Virginia. I was ...
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Was looking to buy 41 rental portfolio can I use commercial loan or what type of loan thanks
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Hi folks - I'm in the middle of closing on my first quad in Fort Worth, TX and have a question regarding insurance policy. From a bit of research I understand that they take on a few different forms such as umbrella ...