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I'm looking to do a 80% LTV cash out refinance on an investment property located in Norfolk, Virginia. I've made major improvements to the property and had a tenant moved in with a 24 month lease since closing back i...
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I found a great large property for $1M, Reno also at $1M, I am currently calculating ARV, but investors or lenders would double their money with refinance, they walk away I keep the building. Is this an accurate strat...
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Hi all!I would like some advice on what my lending options are for the co-op my family plans for buy. The co-op will likely be purchased by a family member. It will be used as primary residence. Her and I already co-o...
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I am contemplating to buy rental properties with Roth IRA. But when I consider all the tax benefits with traditional acquisitions VS no tax write offs, regulations and rules from Roth hold properties, I am not sure wh...
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I signed a contract to purchase a duplex and then realized my lender needs 25% down. Is that the norm these days?
Thanks in advance.
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We've been investing since 2020. Our growth was fast thanks to some great deals and easy lending. At our peak we were up to 22 doors. Since then we've pulled back to 12. We realized that more properties meant more...
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How many of you out there use a Credit card for your investing BIZ or personal life? My wife and I don't use them because of the Dave Ramsey movement, but now that we are doing well with money I might consider it? wh...
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I have just been doing the number crunching on DTI Ratio going forward on these. How is it physically possible for someone to achieve 10 public mortgages? The DTI Ratio severely inflates because the income gained from...
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Hi Everyone,We're in Ontario, Canada and we are looking to invest in our first buy rent and hold project, which is a 6 unit multiplex. The problem, tho, is we have no downpayment!! :-( Some mortgage agents told us th...
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With more investors turning to private money lenders for faster funding, what benefits have you seen from using private financing versus traditional bank loans?