Hi Everyone! I’m finally almost done renovations on my three unit property and I have leases on all units. I want to do a cash out refi. My lender says they can do up to 70% LTV. I was just wondering how common 75% ...
I’m new to real estate and on course to get my license but I came up with an idea on using funds from my 401k to purchase an home so I can rent out to tenants. Thoughts and feedback pls!
I recently moved from Tulsa to Springfield Mo. and started moving my properties from Tulsa to the Springfield and Branson area. I kept hearing the name Chris Gatley from the realtors I used to buy rentals property. I ...
So I have a big dilemma and I need some expert advice. I will try to make a long story short:
So I purchased a 2br/1 bath that was completely renovated for $99k (no downpayment or PMI, I used Old National Bank Prof...
Hi all! My wife and I are considering doing a house hack as our first real estate investment. We both live and work in Chicago and are looking to stay not too far from downtown. I've found some reasonable prices on du...
We are investors with about 10 years experience. We have a portfolio of 6 buildings, 30 units, down from our original 52. We have very little debt (if you include the loan + heloc on our personal residence, we're abou...
I have been renting a single family house for close to 3 years. Due to being in the military my original written lease was for two years in conjunction with my military orders. I extended onboard at my current command...
I am following a property that was briefly for sale and then owner walked away from and stopped making payments on. She will not negotiate with anyone any longer and has vacated the property and left town. The prope...
$3,000 / month in rental income (6 x $500)
less 50% for expenses = $1,500 / month
$180,000 purchase price
$ 25,000 renos
total investment of $205,000
205,000 @ 7% & 30 years = $1350 / month
+$150 / month
* wo...
I know someone who is planning on filing for bankruptcy before the sale date on his pre-foreclosed home. Now, is he allowed to put what he owes to the bank on his bankruptcy? Does he get to pay less on his defaulted p...