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Recently purchased a condo (3/2.5, 1500 sqft) at a foreclosure auction.ARV - $105,000Purchase Price - $68,000 cashRents for - $1,200Repair Estimate - $7,000 (Flooring & Paint)Association Fees - $203/moTaxes - $907...
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Good Morning!
I was wondering if anyone here had successfully used a hard money loan to finance an STR? If so, is there someone you recommend that services Twin Cities, Minnesota?Also, please tell me if If there is a...
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We're looking into conventional mortgages for rental properties. Our business strategy is to buy 2-3 per year, and have them be paid off through rental income in 10-15 years max. Meanwhile we'll rehab and sell as many...
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I came across a youtube post and tried to find out info on Angelo Christian. He says he can handle No doc loans. I tried to look around for infor about him and his company but all the websites and videos seem to be ma...
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Hi all - Sorry about the ridiculously long post. My close buddy is going through a situation where he's either going to have to walk away from his home, or to pay a $10,000 a month mortgage for a few years to get caug...
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I'm looking for advice/ideas on the best way to access the Equity we have built up in our portfolio. We have 5 small multi-family properties, all financed with traditional 30-year fixed rate loans locked in sub 4.75%...
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Hi all, I'm currently under contract for my first rental property in South Florida and I'm finding that the closing cost provided seems high for a smaller loan size. I've attached a picture of the fees worksheet which...
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Hello all,
I am currently analyzing deals nightly to continue my investing journey, as I sit here nightly analyzing I seem to find myself in positions where nothing with positivly cash flow. I know cash flow is thou...
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I've been looking into multifamily properties, and some of them accept FHA loans and some don't. I figured maybe it was due to the property's price. But interestingly enough, I saw a $400k duplex that takes FHA loan...
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It seems that there is currently more financing available to LLC's than there are to individual investors at the moment. These were cash deals and I currently own both outright and have not refinanced yet.
Should I q...