I bought my first property at the beginning of the housing crash. Together, with my partner, we bought the property at an auction in May of 2008. The initial appraisal came in significantly higher than the purchase ...
Anybody willing to share your sources for the best terms for a cash out refinance on an investment property?
WHATS LENDER WOULD BE BEST FOR THIS?Below are answers to the questions that give a synopsis of what we are looking to achieve. Also see the attached working draft term sheet of a revolving credit facility that lays i...
Say I buy a home on 50+ acres using money from IRA 60 day rule, personal bank loan and maybe a loan from a friend. This would either be a rental or 2nd home. If I separate the house from most of the acreage, and cas...
Hello everyone this is my first my post, I have been working the area of NE Pennsylvania and have found that appreciation is tough here. My initial focus was BRRR and initially I did not have a plan for seeking off ma...
I am curious about the screening process and reliability of the agents on this site.
We are confused about delayed financing. I was under the impression that for exampleThe property values at $150,000 @ 75 percent LTV would be $112,500 but due to the fact that we paid $95,000 delayed financing would o...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Goldendale.
Purchase price: $550,000
Cash invested: $40,000
Contributors:
Mitchell England
16-Unit Class C,...
There are multiple ways to come up with a cap rate, so be sure to always ask how it was calculated.
Most cap rates are calculated by taking the net operating income and dividing it by the market value. Cue the examp...
After searching for MFH for a while, i feel like i may be onto something. I am looking to house hack a triplex in pittsburgh. Some points to note before i bring up the numbers:- For analysing, i considered it as if i ...