Hi everyone, I have two units in San Jose CA which I just started to rent out as STR and MTR. They are older properties and do not have an AC. Even though it is not super hot all the time in the summer, it will have a...
I'm trying to understand exactly how agent commissions work.Is this correct - When a seller lists a house, he comes to an agreement on commission with the listing agent and this is typically 6%? What happens if he on...
Hello, I have a 6 unit residential property I want to buy in California. I was looking to acquiring it using owner financing since the owners own it free and clear but the owner will only do if I put 50% down. I menti...
I’m looking to refinance my first investment property in Chicago, IL What is the best way to shop the interest rates to ensure I get the best rate?
HelloI have made an offer to a property using 203K loan to buy and renovate the property. I have come to know that the contractor should be approved, and I have some questions:1. Can I take only the purchase part of t...
So I'm searching for a Multi family property in Utah, I've contacted some agents and let them know I'm looking. One agent, who I've worked with for a bit, send me an email stating they have an off market deal and tha...
Hey successful investors - If you have a robust property portfolio do you still need a financial plan? Or as long as you have cash coming in you're all set?What are your reasons for having or not having a plan? Apart ...
I am talking to a few different hard money lenders to close on some properties that we will be doing a BRRRR on, and one of them is offering very attractive terms with 100% financing of both the purchase price and reh...
I Purchased a foreclosed duplex in central falls, RI For $60k. ARV on the low end is $135k. We Used a HML and With $5000 down he is ballooning all the fees and payments till we sell the property. Rehab costs are aro...
Hi,I have flipped several properties and have multiple rentals. Now I am about to move out of state and purchase several assisted living facilities. The housing market it is pretty hot in my area. A house just up the ...