The following scenario is a hypothetical one, but one I have been pondering for some time. I look to hearing your answers!My question pertains to PMI requirements following the sale of an undervalued property. In thi...
I am converting a Townhome I own and lived in for the last 2 years into a rental. I have had several potential tenants ask if I accepted Section 8. I have told them that I am not set up to do so yet; however, I am con...
Based on the proposed Tax Reform with the substantial increase of the Standard deduction would it make more sense to refinance my investment properties as a cash out and payoff the mortgage on my primary residence. It...
Current 2 bedroom unit on an end of an 8 unit building needs new windows. Some of the glass on the windows are foggy and will only get worse. The frames on the windows are wood. Top floor has a 2 piece living room win...
Hey folks - I'm in the process of looking at a few medium-sized multi-family properties (4 - 12 units) and am finding that for the commercial loan needed for 5+ unit properties, I'm stuff in a chicken and egg situatio...
Hello, I'm learning about all the great benefits of the BRRRR strategy. One question: when analyzing a property for buy and hold, how do I know if it's better to use the BRRRR strategy or a standard conventional renta...
Hi there, my name is Justin and I am really stoked to have join. I have been reading day in and day out to find out as much as I can about rehabbing properties for the past 5 months. I have been a victim of analysis p...
Hello we just had tenants move out and their standard of cleanness makes me want to laugh. They left the property filthy and trash behind and claimed it was clean! Our cleaner had to spend 10 hours to clean the whole ...
Just curious, but do you guys use the generic 1 page style wholesale contracts or do you guys use the standard P & S agreements in New York.
Hi All! Here are a few facts about my situation. Hoping some of you could help guide me in the right direction.I'm in central Ohio, in a county of ~65k. I'm self employed, so my DTI doesn't show well.I own 7 rentals (...