I’ve read countless times that residential lenders will only loan on properties in good conditions. How do investors get loans on value add deals? Are commercial loans more lenient?
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Hey Guys,Let me pick your brain for my first home. This is going to be my primary residence but will be rented out in 2-3 years.It is a 1,386 sq foot home located in Wendell,NC. This home is built in 1958 with an addi...
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Hello all. I am starting off learning the basics of house hacking and wish to clarify a quick detail. When evaluating a property to be 'hacked', should I include the potential rent on all units (including the unit Id ...
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Beginner investor here. I’m looking at buying a condo for STR (yes this is allowed at the building). The building is near the beach and is about 40 years old. I’m wondering, when a house is purchased there would be an...
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Hey BP,
First off I apologize this is a duplicate post, I figured it would be better answered in this forum, rather than the wholesaling forum I posted it in. I am not sure how to delete or move the previous ...
Hello All,
I am currently in the process of buying my first rental OO property -- a duplex that I will live in one half and rent out the other side. I am using FHA financing.
My ultimate goal is to quickly build as ...
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If you’re considered getting into Multifamily investing (or already do and want a good war story), and are reading all of the books and listening to all of the podcasts to prepare for every possible scenario, then you...
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Hello!
The seller will not do a property walk through until we are under contract as he doesn't want to spook the tenants. He is saying that he doesn't want to have numerous people who are interested going through th...
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Ok everyone what are your thoughts on this purchase.
this property is in South portland maine. asking price was $600k, sell price was $582k seller paid all closing(11K) i also got $3,500 from the seller to pay for s...