I am looking to buy a multifamily property (10-20 unit) in Cape Coral/Fort Meyers area. I was hoping to get a few references for lenders in the area who are investor friendly. Any help would be appreciated.
Hi all - I am in the initial stages of research and trying to determine whether REI could be a good option for our family (based in St Louis, MO). The BRRRR strategy for rental properties is interesting to me as a s...
In August 2015 my wife and I purchased our home here in Murfreesboro with a FHA/THDA loan. The property is 1/2 acre, with 1/4 being an empty corner lot. My original plan was to build a duplex on the empty lot to rent,...
So I know there are many Dave Ramsey fans in here, and I am currently using the debt snowball to attack my debt and since August I have been able to take out 17/33k debt. After my next credit card of 5.5k, I will have...
When starting out buying properties, is it a better idea to buy more “move in ready” or to buy cheap and spend the money to renovate? After doing some research there are arguments for both sides.
I found a good deal for Multi-Family home in Tampa area. My agent is talking me into getting 15k down payment assistance from their mortgage company since I will be living in one of the unit. Should I go ahead and get...
Recently bought a duplex for 40,500. I put in about 8,000 and the appraisal came back at 80,000. Do i maximize the amount I can pull out of this or would I take less to maximize monthly cashflow? I.E. is the money I w...
My business partner and I purchased a property in cash recently and are just about to finish up the rehab work. The house is a buy and hold property that we plan on renting out here very soon. Because we didn't financ...
I purchased a SFH several years back just after the market drop which has appreciated to about 2-3x the initial purchase price according to current comps. I currently have a tenant that has taken decent care of the p...
This is just a random though I had the other day. How many previously unqualified buyers before the pandemic, became qualified due to gov stimulus? We've all heard "Borrowers have never been more qualified" but why? I...