Im analyzing a 6 family deal in NJ and trying to figure out the value after filling up the units and getting market rent. After all repairs and At market rent the cap rate will be at 8% So what is the the cap rate tha...
I've heard a few investors claim they wouldn't use hard money for buy and holds. Some hard money lenders offer sub 10% rates for buy and holds. So I am curious, what interest rate are investors looking for on buy and ...
I own 5 properties. 4 duplexes and my home. My current plan is to refinance all of them netting around 175K in cash to invest. I plan to stick with what I know and buy more duplexes or quads. Assuming duplexes I c...
Hey everyone, I'm new here but thought it couldn't hurt to seek a second opinion before I sign on the dotted line.My credit file is pretty clean of any collections except for some federal student loans that were sold ...
Hey everyone,
I'm looking to tap into the equity of my home in order to invest into a 2nd property.
My question to you is if I should do so as a HELOC or as a Cash Out Refi?
I'm expecting about $80-$100k would be a...
Hi I just had my offer accepted for my first duplex! I plan to house hack. I'm getting a home inspection, radon testing, and a sewer line inspection. Do investors typically get all of these inspections or is this over...
Hello BP family.I am currently under contract for my 1st primary home. (Currently own a 4 unit rental and 8 acres planned for development in the near future).I have just received my closing disclosure and boy is it ug...
Has anyone converted a multi-family property into a vacation/ST rental? If yes, how did it work and what assumptions did you include in your analysis?
Thanks!
Brian
I have 24 commercial loans on single family rentals spread across 3 banks. Each bank seems to have found their appetite with me due to my total loan numbers getting high. I called about 40 small banks in Ohio just to ...
It has been over a year since I have gotten a loan. Are there ANY stated programs left? For investment properties?
If so what are the guidelines and ballpark rates?
Thanks everyone.