Successfully cashing out refinance a 26-unit multifamily apartment complex requires careful planning and execution. Here are the essential steps to guide you through the process:
1. Property Assessment: Begin by eval...
I have been looking everywhere for hard money/private loans in Michigan (Grand Rapids area not Detroit) and have only come across one so far. Has anyone used Brookview Financial and if so what were your experiences?
I am considering lending my money out to REIs. What I am trying to figure out are the ROI on this and the mechanics/logistics.I set up an excel spreadhseet to try to do this. The assumptions are:1) It is an amortize...
Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
Hi everyone! I'm 17 and I will turn 18 next April. My goal is to buy my first property when I'm 19 that I'm going to house hack. I have $14k saved up right now and I have my own business, from which I earn about $1-2k...
This is regarding a small retail property I own, it is a three store building. I own this property for about over two years now. I bought it in June 2018, the loan docs has a Section about financial statement and rep...
Hello,
I am in escrow on a building in North Memphis and need to get a loan to buy the property and fix it up, can anyone point me in the right direction please of a good lender for this? someone who is quick is idea...
Hi everyone
I am a new member on this forum, I joined to learn new things about real estate an am excited to get to know you all!
I am currently preparing to start out my real estate journey and am planning to buy m...
Looking for advice on my general financial picture and what I need to do to get it to a place to be able to qualify for home loans.
I have two rental properties (SFH/Duplex) with a fairly hight debt to income ratio as result (~40%), but have a solid government job and plenty of investments in financial markets to be considered financially healthy....