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My first post and rental property purchase! I'm closing on a 31K rental property. I have cash, but am considering getting a conventional mortgage and possibly buying a second rental property. Here are the two scenar...
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I am trying to get a HELOC with a local bank. They gave me an offer 22k heloc with an automatic home appraisal of 112k of the house. I am fairly confident the house will appraise higher with a local appraiser my guess...
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looking into getting a dscr loan 80% ltv.$120k down paymentDebt service PITI will be $4600/mo Gross rents $11000/moratio of 2.39My credit is 750 Unless im missing something, i should be able to get a DSCR mortgage on...
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I have a few single family rental properties in south Atlanta (Riverdale, Jonesboro, College Park, Ellenwood, etc) that I'd like to turn over to a professional property management company that manages properties in...
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I am a fairly new investor and have pondered a decision on my first single family home:a)Refinance the loan to increase monthly cash flow. Or, stay the course with minimal monthly cash flow and faster loan pay off.I h...
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I was looking on craiglist at houses and came across a hard money loan add. I am not sure if I can post the link here so I did not. am a brand new newbie who hasn't even completed a deal yet because I will need a l...
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Hey landlords, could you give me some input here.I have a unit where a dad and son rent. The rent is 1050. The dad wants to leave the lease, but continue paying, but wants his son's friend to live there. I plan on tel...
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I’m ready to do my first flip, how do I go about finding? No partners just me. Do I get a hard money loan? If so how do I get them so I don’t get jerked the first time around?
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Hey BP,Tapping the collective network here to find a great commercial lender. I purchased a serious value add 12 unit apartment building in Indianapolis in April of 19' and spent the last 9 months completely turning i...
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I'm in my 20s, live in my own SFH that is nearly paid off and looking to buy my first SFH rental property.
Over the next couple years I would like to own about 10-20 SFH.
I work a full time job so these rentals woul...