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...

[Calc Review] (I missed that in my title field and can't figure out how to edit the title)With 2 separate free and clear properties, both with equal appraised values, I'm try to calculate a simple Cash on Cash (CoC) m...

Investment Info:

Large multi-family (5+ units) buy & hold investment in Cincinnati.

Purchase price: $365,000

Cash invested: $1

This is a mixed use building with 9 residential units and 3 commerci...