Okay so I've found a few properties that I want to purchase to start renting them out. After months of looking at properties. I attempted putting in an offer on a property that costs 54K. I have 20% to put down. The r...
Hello all,
First time posting here. We are not first time home buyers but have three single family homes ( rental) properties in California but want to buy our first apartment complex out of state for generating ca...
In my search for lenders here in Nashville, it seems as though there are two options each with varying terms from lender to lender. There is usually some kind of fixed rate mortgage I can obtain (80% of purchase pric...
Well, we are at a good/fun point in the business as it is decision time on what to do next and how to do it. We currently have used the BRRRR strategy and I would like to stick with that strategy in some shape, form o...
Hi guys! Refi question here: I bought a duplex in 2010 with 0 down at 3.625% and have had it rented since then. I want to pull some of the equity because it has almost doubled in value (estimated) but I’m not sure if ...
I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
So. I went into the mortgage lender at PNC today to just pick their brain about getting pre-qualified for loans towards investment properties. Sweet lady, but hard to follow. From what I have in my notes. It appears ...
I have talked to three hard money lenders today and each wanted 20%-40% down for a rehab. I understand the idea of having skin in the game. But, If I am going to be putting that much down I might as well just get an F...
I am working on a fix and flip with a partner. He got the property off market for a really good price under contract. We want to rehab the property and sell it ARV. I am coming up with all of the money for the deposi...
http://www.marketwatch.com/story/single-family-homes-are-hot-investments-2012-11-01?pagenumber=1