So, my dilemma is I am buying a quad for 200k after property tax, vacancies, cap ex, etc it will cash flow 700. thats with 5% down owner occupant. It seems to me 200k is a lot to tie up for $700 a month profit every ...
Hey folks,I have been told by two lenders now that I need to put 25% down to purchase a duplex.Do any of you have lenders you can recommend that still use the 20% number?
Just wondering how much credit score plays a part in REI?I have a credit score hovering around 600 to 650 with only 1 ding on my report (a Chapter 13 Bankruptcy in 2012), but I have been turned down for preapproval wi...
I have recently filed LLC and planning to invest through LLC. So how do I get the mortgage on 1 month old LLC?Thanks,AT
Hello,I am in the middle of doing a cost segregation study on a property I purchased which will be on my 2021 Taxes. I am also about to apply for a mortgage for a primary residence in Florida. I know depreciation ge...
Investment Info:
Single-family residence other investment.
Successfully Converted a 1909 countryside home into an equestrian friendly Airbnb.
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An unforgettable experience await...
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Investment Info:
Single-family residence note investment investment in Wadena.
Purchase price: $75,500
Cash invested: $17,000
Sale price: $125,000
This property is a single-family 3 bedroom 1 1/2...
Greetings,I have come across a property in an outstanding location & having trouble with financing. The property includes 3 run-down houses at 2 bed, 1 bath per unit. The selling price is $350,000 & based main...
Hey, bp community! I have a question about conventional loans. When applying for a loan, do I have to be very specific about the area I want to invest in? Such as zip code? Or once I am approved would I be able to mak...