So I was wondering if anyone has bought a property using a hard money lender, then in 6 - 9 months, refinanced getting a regular mortgage through a bank for a buy/hold? Can you get a buy and hold property using the h...
I am a new investor looking to purchase my 1st rental property. It is a 12yr old townhome in good condition that will require minimal repair to be rentable. The 1st and 2nd lienholders approved my first offer of $8...
I purchased a property earlier this year that was in terrible shape and I believed it was a teardown so I got it for the land value. I planned to BRRRR the property. I cleaned the property and lot up and repaired the ...
(I wasn't sure if I should put this here or in the short sale forum. I think it's more of a buyer question though)
I don't know about other people here, but in my area it now seems to be about 10 short sales for ever...
I was wondering how people have dealt with tenants who chronically pay rent late. Our current situation is a House hack in Chicago were we have two tenants. We took over the property in May and decided to let the curr...
Hello everyone,
My name is Ben and I'm fairly new to the real estate investment scene. I'm looking to understand the rationale behind the standard waiting period before a refinance can be issued by lenders or banks. ...
Ive read a few things about onlying being able to cash out refinance 75% or the purchase +closing costs, whichever is lower. I plan to purchase a distressed property amd do the renovations with my heloc. Once I'm fini...
I will be soon finishing up two builds on STRentals, under my LLC, in the Smokey mountains I used a hard money loan for. The appraised value after the build will be about double what I will owe the hard money lender....
Hello everyone, new member from Northeast here, and complete newbie in RE investment! I've been spending sometime now educating myself and looking at a few markets, and I'm narrowing down to either Indianapolis-IN or ...
This has not yet developed into an issue, but I feel like I may have screwed myself over. The tenant knows that she is not allowed own any pets on the property because it was made clear in person and when the unit was...