Hey all, I've heard different things about this being legal or not so I wanted to know if anyone knows anything. I figured if I can do a cash advance on my Credit Card, and roll that into a 0% APR promo card why not j...
I have great credit over 700 and cash reserves but no income. What rates should I be expecting as someone in his 30's with no debt or payment problems?
Would you recommend to tap into your primary home equity if your primary home is 100% paid off for down payment on rentals?
Any suggestions for companies that offer creative financing, such as no ratio loans or a cash flow loan program?
Quick question. If I get an investment loan for a rental the bank wants 20 percent down. So if I buy a property cheap and rehab it can I cash out refi up to 70 percent of its value. Essentially getting my imvestment b...
Hello Everyone,I am still super green when it comes to real estate investing. I have one multi unit that I have had for approximately 3 years. I live in one unit and rent out the other. I am very interested in the str...
APPRAISED VALUE: $73,000
Purchase Price $53,500
Closing Costs $600
Assumed Loan $53,000
Refi % of ARV 80% $58,400
Loan Costs $3,000
Cash Out $2,400
Net Down Payment -$1,300
Instant Equity: $14,600
Avg. Rent...
What factors of a property analysis let’s you know if you will still have a positive cash flow after doing a cash out refi on a BRRRR property? What do you look for? Does the 1% rule have anything to do with that?
Is there any general rule about investing in an already updated or new home if the location and market are strong (not a beach or mountain market)? Or said differently, do guests prefer newer/updated homes?
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $585,000
Cash invested: $234,000
Represented one of my buyers on this 3-family opportunity in Wallingford. T...