I just purchased a house by the beach that will be a STR. I am in the process of renovating, but I am doing so from out of state, and for various reasons I might not generate an income from the property this year. C...
Hi All, I'm in the middle of fleshing out a strategy for our first real estate investment. Current plan is to get an FHA loan on one duplex that is newer construction. Because the down payment is so little, even with ...
Hello Everyone!I am interested in purchasing my first rental property by the end of the year. I have a decent credit score (700 or so) but I have about 180k in student loans that are in deferment ( I have two masters...
Hey guys, I am currently a college sophomore looking to purchase my first deal with my brother who is also in college (we have about 525k). My question regards down payment sizing, I am wondering if it would be a bad ...
Any Lenders here or can anyone recommend a lender that will allow a cash out refi on an investment property with about 50% equity. Property has been consistently rented for over 5 years, looking to to refi based on re...
In 2020 my wife and I plan to test retirement by living off our rental properties. I'll be quitting my 20 hour/wk day job because I think we now have the cash flow to retire. Our income (including wife) will be droppi...
Hi,
I am a real estate agent, working on listing a 5-unit property in a historic district downtown. I've researched comps all over the area and they are all over the board. I've talked to lenders and understand tha...
When calculating the operating expense ratio for a property, do you leave the vacancy & credit loss allowances as part of the income when you calculate the ER, or do you first back out the vacancy & credit los...
With a site-built home I can ask a realtor for comps to determine a possible sales price.how do I determine a sales price with a MH? What I’ve gathered:If it’s owner finance you can just basically pick whatever number...
Hi everyone,
I own a development company that primarily flips houses in MA amongst various other GC and design work. When we started a year ago and a half ago, we were told to structure our business as an LLC and ele...