Ok, so I'm about to start wholesaling foreclosures in my area (seen a few, actually in decent shape, require minimal repairs for area). How would I determine ARV? I keep reading about 70% but I'm not sure I understand...
Is this the maximum case for financing properties through banks?Number of properties that can be financed: 10Max amount per loan: 417k Rental income from property that counts towards DTI: 80%Age of rental income: 12 m...
Hi,
Recently I am struggling on whether I should get a commercial loan out for some SFH investments. I have a commercial property at 1.6M, and the broker said I could get 1.1M at 6.8% rate.
I am a bit torn as a lot ...
Looking at an old bank building for sale as is. It has a drive through and is off of a 4 lane highway. Two lanes each way with turning lanes into the property. Traffic counts are about 19,000 vehicles per day. Any...
I work full time for a property management company as a property manager and was recently offered an opportunity to work in corporate. My job title would change to "Systems Manager" or something similar. I also hold a...
Someone asked me this question the other day. They had several properties with high interest rates which they couldn't refi conventionally, but they were able to find a portfolio loan. He is wondering whether or not...
Hi all!I'm new to BP and have throughly enjoyed reading the various forums. I've learned a lot so far and I am excited to learn even more! I do have a question concerning the FHA guideline changes that will be occurri...
Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...
I am not sure if something like this has been started yet, but if it has I would like to join it!However, if it hasn't I would like to create something where past and current military members can meet up through skype...
Will a cash out refi count towards the limit of FHA loans I can get?. I have one FHA loan and 3 cash out refi commercial loans. After my 12 months is up I am looking to apply for another owner occupancy FHA loan. Than...