Hi All and Happy New Year!I would like to know how those of you evaluate the location of your investment property? Ignoring all other factors, let's assume the subject property passes all the other due diligence.I am ...
Hi folks, this has been all over the news and social media so I hope it's not a surprise to anyone but I just wanted to cover all the bases.Due to legislation spearheaded by the RI attorney general earlier this year, ...
Is anyone doing AirBnb in Louisville? I have questions about profits and vacancy rates. Also, for short term rental owners in general, how do you find the necessary numbers to underwrite deals?
Maybe this question shouldn't be asked because they may be no difference in terms or options when dealing with family as hard money lenders, but just in case it is worth a shot:When your private money-hard money lende...
Hey guys! Since I was a little kid my parents have been flipping houses on the side and some of my earliest memories consist of sitting on the floor of some random house while my parents painted the walls. I recently ...
Hello - My name is Steve Smith. I just recently got into RE with the purchase of a buy and hold rental in Grand Rapids, MI. I'm interested in investing in a fix and flip, or multiple, and reinvesting proceeds into m...
Hi BP,I was reading through liveBaltimore, and I found this list of incentive programs offered by the city for various people and projects. I was wondering if any of you have used these programs as an investor and wh...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $400,000
Multifamily duplex in Merry Oaks, each unit is 2 bedroom and 1 bath, this transaction was a Judicial ...
I found a few properties with great rental potential that I'm interested in rehabbing, nothing major but this would be my first property. I'm a little nervous but I think I'm ready to take the plunge.
My question is...
On November 2017, at closing date, my loan was for $145,000 and the original appraisal was $158,600 then LTV was 91% and I had to pay about $70/ month of PMI. The Loan Consultant said: no problem at zip code 80123 the...