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Hey BP,I have been making tons of phone calls with local banks, over 15 now and have yet to run into someone that is lending non-conventional residential non-owner occupied "portfolio loans". I did run into a guy tha...
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Thanks in advance if you make it all the way through!I'm new to real estate investing. I recently moved from San Antonio to Houston and have successfully rented my first home (using a property manager YAY!) I'm look...
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Hi All,I have found the vast majority of Real Estate Investors do not use a Hard Money Loan as a source of funding their deals simply due to the fact that they do not know enough about the process. In the RE Investmen...
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Hard Money Lenders aren’t the “loan sharks” that the general public would like to assume from the use of the words, “hard money.” The term “hard money” brings to mind the idea of mobsters breaking the kneecaps of del...
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I am wondering if there is a webpage somewhere that shows the effective tax rate per city in the US. I have tried sites like smartasset.com or googled for the county assessors page to get the rate, but both are really...
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Hi everyone! I found a duplex in the Cleveland area that is listed for 85K and rents come out to around 2k/month. I would like to use a DSCR loan, but I've heard that you can't use DSCR loans at that price point. Is t...
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When companies move their headquarters out of California, they choose Texas way more than they choose any other state. Since Jan. 1, 2018, some 107 companies have moved their headquarters to Texas from the Golden Stat...
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My wife and I are looking into a couple of different options to fund our first rental property. Originally we were looking to do a cash out refi on our house to get money for the down payment on the rental of 25%. Ide...
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Previous post.
Looking at a 12 unit apartment, owner is asking 288k.
There are 3 buildings, one of the 3 buildings is for laundry, hot water
heater and storage. Court yard layout with units facing inward towards
...
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Economic Update
(Monday, February 15, 2021)
I was never a big believer in “Herd Immunity” until now. The term “herd immunity” represents a hypothetical threshold of our population that needs immunity to the coron...