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My friend owns about 7 properties in Rochester, NY that he purchased through a variety of personal loans.To my understanding, he can’t refinance his properties (or can he?) because he doesn’t have a conventional loan ...
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Throughout my reading and education on deal analysis' for rental properties, including listening to @Brandon Turner on webinars, I learned to use the 1% or 2% rule just to sort out deals that may be worth the time loo...
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Well. It's to graduate to multifamily. Found a random 10 unit. Monthly NumbersRent: $7400 Insurance: $811 Taxes: $524My questions: How am I financing this thing? 20% down? What banks do I call and what questions do I ...
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Why does my lender claim they can only loan 4 mortgages? Where does the 10 mortgage limit come from? And are there LTV restrictions (75%LTV?)...
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I'm an upcoming REI here in Southwest Florida and learning how to flip/rehab homes in my surrounding area. What I'm trying to understand is how I go about choosing what to put inside my property:
•Bathroom
-Faucets &...
I am graduating from grad school in May, and I have the option to start my 9-5 in either Dallas or Los Angeles. I am interested in getting into the real estate game once I have myself settled. I have been doing prelim...
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Hi BR Community,I just closed on a duplex property using a DSCR loan with a 8.625% in Cleveland, OH. I know this is something I should have asked earlier, what kind of rates are you guys getting in your local market o...
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Hello, anybody familiar with turn key investing ? do guys have any experience with this? good? bad? would you recommend using them? Thanks for your time.Alex
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Hey folks,We're in the Cleveland market looking at buying SFH's to flip. For those with experience doing rehabs, what's your target profit margin you look for in evaluating deals?We've been going for a 20% profit off...
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I'm looking into purchasing a mobile home park. I was seeing if anyone could recommend a good bank to get information about it. Thanks.