I just bought a house for 18K last week and I found someone who wants the home under these terms...Rent to own for $1500 for 6 months ($800 going to the down payment for the LC) $700 per month for rent. At 6 months, u...
Hi,
Does anyone know how lenders factor in S-Corp loss for DTI ratio calculation? Do they take the loss, divide by 12, and add it to the debt portion of the ratio?
My apologies in advance if this has been asked befo...
Interested in gathering opinions on taking out a line of credit vs refinancing and pulling the cash out of my personal property to fund my next deal. I've saved $30,000 and I currently have about $100,000 equity in my...
Hey friends! I’m curious what everyone thinks about The market in chelsea? Would you house hack in Chelsea? Why or why not? Thanks!
What are the differences between Brrrr investing and Rental Property investing? Are their even any differences? Or at a certain point are they one in the same?
Hi all,I'm restoring a four-family property in Orange County. It will require new split-system HVAC for each unit, which will provide forced air heating and cooling. Does anyone have experience in applying for any of ...
I am looking to do minor renovations myself without using a contractor for a rental property in Baltimore County. Specifically, do I need a permit to replace carpet/vinyl flooring with hardwood or a bathroom renovati...
I've seen several types of calculations used to determine return on a note. One is the cash on cash method, and the other most frequently used is the IRR.
I am familiar with how to calculate both on typical r...
Hi,
I have two BRRRR loans with Fixated Funding, both starting and closing on the same day. One loan was locked at 6.9%, the other at 7.1%. However, I just received the closing docs, and the rate on the 6.9% loan has...
I've read that getting a HELOC on a rental property can be much more difficult than your primary residence. Has anyone worked with a lender that does HELOCs on rentals?