Is the refinancing for a BRRR (in order to get approved) based on personal finances and taxes or the asset? I know I was denied a HELOC before even though I had 300k in equity for my personal property, due to filing p...
Hi there,
I'm about to close on my first property (6 doors) and am realizing that I don't know how to collect rent in a convenient fashion for the tenants. I have been told to use Baselane so that they can ACH transf...
We had one rental at that time. We had a little bit higher turn over and rents did not increase maybe went down a hair. Is this consensus for most of you that had rentals then. I ask as I am analyzing the risks of hav...
Hi, I'm looking for a small local lender in the Seattle WA area that is able to do an 80% cash out refi on a non owner occupied rental. I hear people talking about finding small local banks that will do this type of t...
is it the same thing as a SFR? i read that you cant really do lease options with multi families, is that true?any tricks to getting multi-families when they have little equity?
Hi Team,Background: I had my first rental property(in Texas) rented back in 2013 with a single lady. For last 2 years I noticed her boyfriend(BF) in rental house, every time I visit for repair or maintenance. I suspec...
So not sure if this makes any differences for tax reason buti was thinking of using my 401k money as a loan towards the down payment for a multifamily rental. I don't plan on opening a LLC .. Could i take any of the ...
I know that there are 100+ posts on BP asking this same question but i want to get more specific. I am a 29 year old husband and father trying to get into REI. I will list off my financial situation below so you know ...
Banks, lenders and brokers use SAME information quoting rates so if you know what they need to calculate rates you'll get quick accurate quotes. This makes calling around MUCH easier. Here's what you'll need to k...
Hello BP! This is my first post and I am excited to hear the responses from all you fine folks!
My question is about interest rates on loans for a multi-family property here in Houston, TX. Could yall give me an idea...