Fannie Mae makes an announcement today to raise the number of financed investment properties back to ten. Since October of 2008, Fannie Mae had lowered the number of financed investment properties a borrower could hav...
Duplex for 110k w/ both units rented for a total of $1500/mo. or 2 SFH's for 55k each rented at $750/mo. ?Pro's / Con's ?
I have 2 nightly rentals that I just bought and put into use this year. They are sort of a gray area since they are not being used as residential dwellings, but could be. My accountant seemed to think that I could c...
Many investors think that if they don’t qualify for REPS status, they won’t be able to benefit from a cost segregation study. However, there are multiple ways that you can still benefit!
A cost segregation study is a...
Hello BP,A 22 unit complex came one sale by the owners. It is in what I would say a C neighborhood. School district is absolutely terrible (rated a 1 on Zillow). I would not touch single families here, but I feel wit...
I have a 120k HELOC and am looking to buy my first investment property. My goal is to acquire several multi-family properties over the next few years. I’m trying to figure out the best strategy. Does it make more sens...
Sale price: $225,000 NOI: $14,400-$18,000Possible Rents: $1900-$2200/month (total for both)Rehab Costs: $15,000 (this would get the $2200/month rents I believe)Estimated Expenses: $700/month (includes cap ex, vacancy,...
Hello Everyone,
I bought a home back in January 2024 using my FHA loan and I received a call from Atlantic Capital Funding saying that I could FHA streamline (interest reduction) from my 6.625% to 5.7% and could even...
Hello all, I'm just getting started out with Real Estate Investing. I have a question about how transactions work for wholesaling. I understand the process up until putting the house under contract and assigning contr...
I have listed an 8.9 Acre parcel in Simi Valley with amazing views over looking the valley. Its currently listed at only $450K, but I have not been able to connect with a developer who would entertain the project. The...