Looking for some options here I have a 3 unit rental that going in I knew it needed work (Roof, windows, deck replaced) This total for these repairs are about 25k.
I paid 60k for the property all cash. The rents are ...
I have an idea but wanted to run it through here to get some more info and see what holes may be in this strategy.
I have an opportunity to purchase a home and rent it out with limited vacancy because I have a consta...
Today I went to look at my first rental investment property. I am hoping to BRRRR. It is a cash flowing 2 unit multifamily building. The rent is $700 + $700 = $1400. I've estimated NOI to be around $11,000. Cost is $8...
I'm finishing up the "Rehab" portion of my first BRRRR duplex property. When starting to think ahead to the "Refinance" step to do a cash out refi to repeat the process, I have a few questions:
1) Does a 12 month lea...
My wife and I just bought a house a few months ago (November 2020) for approximately $293K and now Zillow has it as an estimated $338K. Would it be wise to try and refinance to save money and stop paying mortgage insu...
Hi all,I am currently in a BRRRR and thinking about the next deal. I'm targeting a property currently off-market, and wondering what kinds of ducks I need to line up to make it happen. I'm planning on approaching the ...
I recently bought a rental property. It is a duplex, and rents are earned using the boarding house model; eight doors with leases. I acquired the duplex with a 1031 exchange, and a commercial loan. I was planning to r...
I just did a rate lock yesterday for 180 days, and there are NO upfront fees. There are "Total Lender Costs", which the loan officer said would be rolled up into the loan when I get it.
Am I obligated to pay that "...
Hello!
My husband recently inherited a house in Wichita Falls, TX. The house has been in the family for years, a 1000 sq ft ranch, 3 bed, 1 bath. We live in Oregon.
The property has been neglected for years, has pl...
Has anyone bought a 3 flat + coach house in Chicago recently? I'm interested in one where the 3flat is in pretty good condition but the coach house is a mess and needs a complete gut. It's an REO. My potential lender...