Hi, Guys. I have a question for any attorneys & mortgage gurus out there, that might be able to help :) Recently... I obtained financing for a project and noticed an interesting clause at closing. Basically, it sa...

Should I sell my secondary home or get 2nd mortgage/ cash out refinance/ HELOC?I'm a 3rd year realtor($60k in the pipeline the next 6 months) ( with aspirations of flipping)  and my secondary home is ((owned for 10 ye...

Hi guys, a family member of mine is trying to refinance his property with a commercial lender. I am just wondering what would happen to his DTI ratio if the lender refinances his property and does not report the new l...

Hello, I am buying a 6 unit property. I recently received an LOI from a bank for a commercial loan which states that I have to have a global cash flow ratio of 1.25x and a subject property or borrowing entity cash flo...

I own a duplex where I pay all the utilities for the tenants. Each unit rents for $700, but I added $175 "utility charge" each month making total monthly rent $875. Historically, total utility costs have been right ar...

I’m looking to start my investment journey by purchasing a duplex, living in one side and renting out the other. I only have enough for an FHA loan which requires a 3.5% down payment. I’m having a hard time finding pl...

A study conducted by researchers at the University of Colorado found that homes located within 0.1 miles of train tracks sold for an average of 12.3% less than similar homes located further away from the tracks. The s...

Hey everyone, The 70% rule seems absurd.  If the contract we have goes through on my current flip I should make $69,000 in profit on a property that came out to an 85% ARV-repairs.  What am I missing?  Teach me please...

Hi all.. not sure if this is the right forum... but I couldn’t find one that seemed a better match.  Anyway, we’re looking for some basic information on portfolio loans.We have a few low value SFR properties that we o...

Does anyone have experience investing in either of these areas? I'd love to chat with you.