I am using the Rental Calculator for analyzing a vacation rental. I'm looking at a 2/2 for sale for $375k. Using 20% at list price and 4.5% IR and using actual income and expense numbers provided by the seller for 2...
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Hi all!!I'm in need of some advice. I'm looking to purchase my first property as a live-in flip/upgrade. I found a property that is a 4 bed 2 bath, an addition was made without permits to make a 2 separate 2 bed 1 bat...
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When initially engaging a private lender on a deal, what documents should be executed to:A- Get their commitmentB- Structure business arrangement/partnershipC- Transfer fundsD- transfer paymentsThank you in advance!
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Someone I know is interested in helping me finance a portion of my next deal. What's the process on setting this up? Do I have an attorney draw up the papers and then he get's a position on the mortgage? Does he ge...
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The Skyline Apartment Real Estate Investment Trust is investing heavily in Windsor and Tecumseh.The Guelph-based company just purchased 23 properties for $136.2-million, to become one of the more dominant landlords in...
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I own and occupy a condo in a 4-unit residential building, that has a commercial unit attached for a total of 5 units. I got this property for a steal as a foreclosure through a first time home buyer program. I have h...
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Hey Guys, I'm sure this is a widely talked about subject but I'm curious what types of loans you guys are using when refinancing out of a property that's in an LLC. Ive used HELOCS in the past before I started purchas...
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Hi,
I was recently told that "nobody" (presumably buyers and sellers) uses attorneys for closings in the Lehigh Valley, specifically in Allentown. Do you agree?
Thanks.
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I'm wondering if there are ways to find properties that are for sale that are already STR properties. I'm currently using Zillow/Realtor.com etc. but I'm not finding a lot of properties that are existing STRs. How d...
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Hello everyone, thanks for reading!I was doing some digging on this topic but after a while of reviewing conversations that were close to what I was looking for I thought it made sense to post the question.I am a Cana...