How are young investors with not a ton of credit history supposed to scale fast and build a portfolio when banks aren’t willing to loan multiple property mortgages in short amount of time? I have $ for down payments b...
I currently own 2 rental properties. I am currently 36 and have a goal of cash flowing 8k/m by age 40 thru acquisition of more rental properties. I am thinking of refinancing property #1 to a 30 year loan and increase...
Hi everyone,I am ready to buy my first property, but not able to get a loan.I have applied to my bank, online brokers, and small brokers. I have perfect credit, 100% on-time payment history. no dept and have savings. ...
Question for the hive mind:
I've just started to branch out into portfolio loans for my small multi-family purchases and most of the loan products I'm seeing local lenders offering make it seem incredibly difficult t...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Dekalb.
Purchase price: $131,000
Cash invested: $32,750
Converted single-family home to two units and a third unit in the ...
Does income from a job come into play? Or long term rental income? I am currently trying to do this for the first time, I still have a job but want to know after I refinance why you a bank give me another loan to do t...
Hi Lenders- I hope you are doing well in this crazy time, amidst the pandemic. I hear lenders are tightening qualifications for non-fed backed financing options, so things will be getting interesting here again shortl...
Property Address
588 Lawson Ave E, STP 55130
MLS#
5610704
Number of Units (Duplex, Triplex, 4plex)
2
Crime Rating (Low/Medium/High)
Medium
Prope...
I have two duplexes on one lot under contract. All 1 bed 1 bath. They share a court yard. B+ stuff. Gross rents will be $2200, tenants pay all utilities. I’ll be all in $140,000. I’d love to brrrr out. I can’t do a co...
I live over 2,000+ miles away from the duplex in OH. I depended heavily on my property manager to make this rehab project a success. I like out-of-state investing, particularly in OH, because a lot of multifamily buil...