Nick Reuter
2nd STR Purchase Lender?
Hi all,
I live in FL (primary home), and we have a STR property (that our family uses a lot as well) in Banner Elk, NC. We bought this property last September.
I'm looking at purchasing an additional STR property, a...
John Canchola
Seeking Developer for 2 acre freeway frontage lot
I would like to consult with an experienced developer who has experience developing small lots. I have a 2-acre lot on a busy freeway (85k cpd) with convenient on/off access.
Wendy BK
Rent (24% return) or sell ( 75% gain )?
Hi,
I recently purchased a investment property and originally planned to rent out, which is why I used a mortgage instead of cash. If i sell it, I may make about 20k (rate of return is about 75%). And I can...
Gonzalo Escobar
How is DTI calculated on HELOCs?
I have a 210K interest only HELOC untapped with a $0 balance and a rate @ 3.75 and I'm looking to do a refinance on some of my other properties and wanted to get a sense of how that would factor in to my DTI. For qual...
Hilary Graves
Increasing NOI for a BRRRR Cash-Out Refi.
Hi all! My husband and I are about to execute our very first BRRRR- with our very first property. (Oh my gosh, I've been waiting for this moment!) It's a 5-unit that we bought 6 months ago for $299,000, put $50,000 ...
Brandon Shipe
New user with a mortgage question
Hi all, I currently own a house and am trying to secure another mortgage to purchase a property to flip. I rent two rooms in the house I live in. I was told by Wells Fargo that my rental income would not be acceptab...
Account Closed
Pre-Approval Credit Considerations
When getting pre-approved, are there any considerations when shopping approval & interest rates from different lenders? And are there any strategies to get pre-approved from multiple lenders without dinging credit...
Isaac Swan
First year investment analysis!
Tried to upload it directly into the blog but couldn't so I uploaded to Google docs for all to view! Comment! Ask Questions! Teach me! :)
First Year Analysis
Griffin Myers
Lender Pre-Approval Question
I was recently pre-approved for a mortgage - after listening to Ep. 252, the guest mentioned that once you have one lender pull your credit report, you can talk to other lenders who are then able to see the same repor...
Itzel Gomez
Adding a 3rd Bedroom
Hello everyone, I am looking into investing in real estate for the first time and I found a home in Moreno Valley CA for $200,000 2 bed, 2 bath 1021 Sq. Ft. It has an enclosed patio that could be used as a 3rd bedroom...