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We are purchasing a senior housing portfolio and we have gone through the underwriting process with our bridge to HUD 232 lender. We were at the final step of working with their legal team to prepare the closing docum...
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Hello everyone. I own 9 lower income rental properties which I bought 6 years ago. It turns out that low income properties are not the way to go and a long story short is that most if not all are under water and not...
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Hello all, I was playing with notion of paying off one of my investment properties. Interested in hearing everyone's opinion on the pros and cons.
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Here are the facts on this potential purchase: (2) adjacent properties, (2) deeds, owner wants to sell them together.
First Property: (3) units
Gross Rents $1625 per month
Water/Sewer: $600 per year (approx.)
Insuran...
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Hey everyone....this site is great. I have 3 single unit rental proporties and I'm looking to expand my empire. The next rental will be 4 unit+ to improve my cash flow. I have lots of questions and I seem to be fin...
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Hi, wife and I are about to list for rent our first rental property (townhome), we are all in at about $225k. Can you help with 3 questions?1. Where do we get best lease that will hold up in court and protect our int...
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I'm feeling really frustrated!!! I just talked to the credit union that I want to use and my combined credit is 602 since i just bought a car and other inquiries. So now its the waiting game!! I have the money to giv...
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I'm planning on selling one property for about $360,000. It currently has a mortgage of about $270,000, or about 75%.
The property I'm thinking of buying would be of lesser value and in a different state. Probably ...
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In my attempt to make this post short as possible. I'll jump right in. First off id like it to be known that am the disabled son of a Vietnam vet. (Agent Orange but not recognized, fixed income, divorced father of th...
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Hi,I have 5 flip-to-rent properties, and i have a day job as well ... I just refinanced a property and my loan officer said I have a "high debt to income ratio of 48" What does that mean? How do I get this down? I am ...