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Can I have a line of credit on rental property which I have lager equity in it? What is the process and what is the cost? I am in CA.
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Hi guys,We are getting ourselves into position to make our first purchase in 2018. I spoke with a local lender recently from Movement Mortgage and he told me that I wouldn't be able to get an investment property loan ...
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Okay so after enough research and talking about it I want to start moving on it.
I'm looking for a commercial lender.
Im looking for 10-20% down
7-10 year balloon payment
20-30 year amortization period.
My cred...
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I've been watching a duplex that's been on the market for quite some time. It was recently renovated, and has tenants in place with contracts through spring 2018. Rents are about average and pro forma cap rate is 9%. ...
Greetings BP, I've been on the platform for a few months and greatly value the connections, feedback, and partnerships I've gained from joining. So, before I go any further I wanted to say thank you to the group.
No...
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BP,I am looking to get my business better marketed. Been looking into AdwordsNerds, PushFire, SoaringSEM, and Investor Carrot. Maybe I'm too new to know the difference, but there seems to be quite a discrepancy in p...
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Hello! My husband and I are active real estate investors and both left our corporate jobs in the last two years. Since we haven't been doing this for 2 years, we won't qualify for a conventional mortgage. We're starti...
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Hello, I'm reviewing a property management agreement (I would be the landlord) with the following terms:- Management fee is 10% of rent- Charge of 15% of rent with each new tenancy.- Landlord to pay property managemen...
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It looks like the hotel industry would not fully recover for a long time, so what are your thoughts about converting hotels to multifamily? It seems there could be an attractive entry point in this environment. Concen...
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Looking for guidance/suggestions. I am fairly new to REI. I have my Primary home VA loan ($410k). While coming back from my deployment I finally pulled the trigger and bought two rental properties. 1st deal was a conv...