My wife and I are just starting in the rental RE. We have purchased a SFR (cash negative) in Sacramento, CA area few months ago. We know that it is currently cash negative but given our income from W2, we are able to ...
Hey all!I am contingent on a great mixed use RV park with a duplex, two cottages and 18 RV spaces. Everything is currently vacant for rehab. Seller financed deal with a 5 year term with balloon at the end. Here is my ...
The first home I purchased was a duplex about 12 years ago. The plan was to live there for a few years and then move when our family grew and hold onto the duplex, which is what we did. With our growing family and ca...
Have you ever heard of short-term rental funds? These funds would pool money from investors, buy and convert homes into short-term rentals and then return rental revenue to the investors. Any idea how they might be st...
Any tips/things to look for when dealing with foreclosures on auction.com, Ive been researching for awhile need some help
Hello everyone!I just moved to Miami just under a month ago, and I'm currently living in Miami Beach (renting). I'm looking to buy my first property using conventional financing (have VA loan as an option or would be ...
Hey Bp!In the future(5 years+), partnership or myself, I would like to be qualified with a portfolio lender to finance a 5+ unit. What are the financials and track record requirements that lenders like to see?What is...
I'm a partner in a couple smaller complexes that we bought summer of 2019 and beginning of 2020. Covid definitely slowed our ability to turn the units, but regardless, we'll hopefully be able to refinance our money ba...
Appraisal Risks – Part 1 of 2: The Appraiser Undervalued My Property. What Can I Do About it?
This is part 1 of a 2-part series on appraisal risks. In Part 1, we discuss what to do if an appraiser undervalues your p...
Hey everyone, might be shooting in the dark here, but has anyone here done a Section 8 (or LIHTC) multifamily development project? I've looked at a few Section 42 properties we could have bought but I've never approac...