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What kind of paperwork does your lender request in order to verify the income and expenses of a commercial residential property? Leases? Utility bills? Tax returns of the seller?
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Got a duplex that I've been digging into for about a month
100,000 price
119,000 Apprised value
93,500 sales price
No rehab needed
Currently full of long term tenants (2 plus years)
Rent all together is $1150...
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*This link comes directly from our calculators, based on information input by the member who posted.Greetings all,I'd appreciate any insights on this off-market multi-family (20 units - 13 x 1-bdrms, 7 x ...
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I’m in the middle of completing construction documents and wanted some input regarding capital planning before reaching out to lenders again. Preliminary history: Land originally bought vacant and with no entitlements...
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*This link comes directly from our calculators, based on information input by the member who posted.
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Hi All! I'm very new here; my husband and I (and two little munchkins) are house hacking our first deal, a duplex. We're almost done with the refi part of the BRRR plan, and hoping to move to our next property this ...
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I’m reaching out for guidance on purchasing a 3rd property.
My investment property (1st
property) was purchased out of state for 150k a couple years ago and cashflows $200/month. I purchased my primary residence (2...
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Details: Each side is 2 bedroom, 1 bath,1 car garage. One unit also has a 30'x48' pole barn.Taxes are $2930/year with no exemptions(i.e. Non-owner occupied). I currently have my own home for sale and may eventually mo...
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Hi guys, I found a listing in East Nashville. Very hot area right now. East of Gallatin road. Asking $270KMonthly Rent Roll is $2300Taxes: $3k (i'm not sure why so high)Insurance: 1K (assuming)Prop mang: $2760 (10% of...
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I have found a empty 6plex. According to the agent the owner has become tired of the property and is ready to retire soon. He had no tenant screening process no background checks and so on. I am assuming that he ha...