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Hi All,
First-time poster here. I’m currently in the pre-approval process to purchase a 2-4 unit multi-family property. I’ve approached a local bank in Upstate New York offering a 30-year loan with a 10% down payment...
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Hi all! I'm new to REI and am trying to understand the BRRRR strategy. Can ya'll tell me if the hypothetical BRRRR deal makes sense. Thanks!Let's say I buy and rehab a property for $50,000 (all expenses included here,...
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Hi all!I recently purchased a 4-plex (two buildings with 2 units per property) in Phoenix, AZ. Because the units are not separately metered in any way, I pay all utilities. I am finding that with each utility bill I h...
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I recently passed the CO real estate broker exam and I'm trying to decide what brokerage to join. I live in the Denver area which is one of the hottest markets in the country both on the residential and commercial sid...
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Hey everyone Tony here. As promised in my introduction, i have the pictures to the a new home i just built. Well i wish i would have taken more pictures during construction (i forget to take them every time and regret...
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Greetings BP,I'm not giving any advice here, legal or otherwise, just sharing a reminder / FYI as October 3rd rapidly approaches, which is when the new TILA-RESPA amendments goes into effect. I've included a few links...
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I’m closing on a sixplex, in Des Moines, IA, here in about a week. I don’t love the loan I’m getting, but it’s getting me started, and that’s what’s important right now. There’s a “Range of balloon note products that ...
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Has anyone not applied for their Tier 3 license? Just before the holidays, there were still over 2,000 licenses available. I am shocked - based on the number of TOT certificates, I thought for sure that there would be...
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I have been brainstorming what I believe would serve as a dual strategy to play the rental property game the right way. Combining a 1st lien HELOC in lieu of having a mortgage. The advantages of a HELOC over a mortgag...
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How do people get 30 yrs fix loans on investment properties? the banks I have talked to only do ARM for investment loans.