I have been striking out in underwriting with 30 yr fixed rates, the math just isn't working out for me to make any cash flow and the debt service monthly expense is wiping out any NOI and thus my yield. So... I am co...
It would seem that a HELOC for a down payment on a new investment property when it comes to SFR or 2,3,4 Plex is a no go due to Debt to Income ratio.But can I use a HELOC as a down payment on a 5+ unit?
Hey everyone,My name is Jeff Mann and I was born and raised in Dallas, Tx. I just finished my enlistment with United States Air Force, living in Colorado for the past 4 years, and now ready to start my journey in Real...
As an appraiser my opinion of the housing bubble is the fauld to the mortgage lenders. Most of the time, when doing an appraisal, if the report did not come out to the expected market value of the property, the lende...
Can someone explain the hard money concept in the context that someone knows nothing about it. Terms?Fees?Advantages?Disadvantages?Qualifications?Which method of investing this works best for?Which method of investin...
Hello I am 21 years old and am about to turn 22 in November. I will be transferring from a community college to the University of Houston later in the spring and have about $7,000 saved up and hope to have $10,000 or ...
I am an educator and a notary signing agent who is looking and ready to invest in properties in Pennsylvania/New Jersey. This is my first time investing so I am open to advice on the best and most lucrative areas to c...
Hi there. I USED to be a decently successful investor (until 4 internationally adopted kids turned my world inside out!!). However, I have not been 'active' in almost a decade and am not only unsure of myself, but als...
We paid cash for the home we currently live in. Wondering if it makes sense to get a mortgage on it and pull cash out to buy another home to live in or buy an investment property so we can take advantage of the low i...
In the Boston area, I was quoted at 7% for an investment property (25% down) conventional 30 year with 800 credit score and really good W2 income history. Anyone get cheaper than that recently?