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We are planning to purchase a foreclosed 4-plex with hard money because it needs about $30k worth of repairs. When the work is finished, we want to finance it into a permanent loan and get cash out to move onto anothe...
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Lets be honest here. I don't like the wholesaling business. At least a certain segment of that business. There is nothing productive, or creative about taking a property, turning it around and selling it as it is for ...
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I hear a lot of landlords on here talk about tenants needing to make 3x the rent to qualify. Is this rule still a reasonable expectation in lower income areas?
About the unit I'm renting: I think I can get 10...
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Guys,Looking for some guidance here. More or less closure in this instance. I am shopping around for Refi options in Ohio and am going back to my original Lender for help. Here are their comments:"If you pay cash f...
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I've heard that Illinois is a tenant friendly state. As an investor, does this push you towards doing more short-term investments in Chicago? What do you do to protect yourself?
Hi Everyone,I think I have found investors to partner with on a an apartment building deal. Was wondering if anyone has experience with this and what type of deal I can offer my investors. How much I should pay them m...
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Hi fellow investors,
I’ve been hearing a lot about DSCR (Debt Service Coverage Ratio) loans lately, especially in the context of long-term buy-and-hold investments. For those of you who’ve used DSCR loans, I’d love t...
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Hello,
I had taken a loan about 2 years ago and have been repaying my installments regularly. As far as I remember I am also paying the premiums for the Private Mortgage Insurance (PMI) but how long would it continue ...
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Hi y'all,I am wondering, can I buy a duplex or triplex and get it section 8 approved to then accept section 8 vouchers? Looking to do this in states such as Ohio, Wisconsin, Indiana, and Kentucky.Thanks,Rich
My husband and I are looking to buy an investment property in Florida (open to other suggestions) but short term rentals are so hard to come by with HOA’s. I saw a website for mid term rentals with fully furnished pla...