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Going through a traditional mortgage or conventional loan is pretty straight forward. But, private or hard money just sounds like Lucky Luciano will be knocking on my door asking for double the interest....Does the ol...
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Hello, Im currently working on my 2nd deal however this is 1st attempt at using the BRRRR strategy. I have a short sale under contract and I'm set to close at the end of the month. I would like to throw the numbers ou...
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Looking for any opinions on this one since its my first squatter. I bought a 1st position NPL on a home in Tulsa OK from Granite early last year and found that the borrower already vacated. I hired a property preserva...
Hi All,
I am putting together some numbers for my first deal and would appreciate if you could look over my numbers so far and let me know what you think?
First off, let me explain my current situation and what I am...
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Hey, I’m considering buying a specific property that is being run currently as an STR. The Airbnb and VRBO listings have dozens of 5-star reviews and very high ratings. As part of my offer, I requested that they trans...
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Good Evening,I was wondering if you could ever Lose your VA loan.Meaning ,say you have been out of the Military for 10+ ears and have never used it ............. Do you have to use it by a certain number of years ?Als...
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Hi everyone. I am looking to buy my first rental property and so far have narrowed it down to a small Multifamily. Unfortunately I only have about $25k as a down payment which isn’t much to put down on a Multifamily. ...
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I’m not interested in a personal situation answer, im interested in a pure numbers answer. I hope I can phrase this in a clear way.Scenario: 1) Is it better to avoid mortgage interest and put say 20% down or 2) is it...
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Hello.
I'm a board certified doctor in the NY area looking to open up another location.
I found a place that seems to be offering a good deal, but I would like the help of others to help me analyze the specifics...
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Hi All, I have started looking around Austin for a place to live after graduation this spring. For the past four years at UT, I have been renting, paying +$850/mo to share a room in a five bedroom home near campus. S...