Hi BP - and Happy FridayI have lived in my two family for over two years and ready to make a move. Looking to house hack again but this time into a 3 or 4 family.The first lender I am getting pre approved from ran th...
New to REI and curious about strategies/processes for flipping out of state. I plan to do my first few flips locally but I'm always trying to look ahead and plan for my next move. I like the idea of one day being able...
A fellow Coworker of mine wrote up this blog post at the company we both work at regarding who pays for the cost of power for electric vehicles in a multi family development. Interesting challenge that multi family dw...
I have a private loan, 15%, on one of my homes that was cross collateralize with another home. This was supposed to be a short term, organize and get out. I am trying to refinance into a lower rate/term and I am havin...
Hello All,So my wife and I have owned a duplex on the NE side of Grand Rapids for the last 7 years and have never had a problem finding tenants. We are situated right between downtown and Knapp Corner with easy access...
Cap rates have compressed over time. Locally in the Chicago suburban market, a 6% cap rate is common and to be expected. With rising interest rates, I've heard push back that cap rates don't make sense and deals aren...
My wife and I most recently bought our first personal house and I've been educating myself on real estate investing ever since. When making a few repairs, we had taken out a personal loan for about 5k @ 9.9%. We cle...
Hello everyone,Currently as a recent graduate I do not have the W2 history to use conventional loans so my main focus has been DSCR loans. I have the bank statements and reserves part of the loan process secured. My q...
Looking to purchase my second investment property. I am likely $10-20k short in the necessary down payment for a deal that recently came to me. The deal checks all the boxes for me (area I like, area I know I can fi...
Hello all,
I am looking to grow my operation outside of Roanoke but am having trouble finding meetings. I am looking to invest from Blacksburg to Richmond and everywhere in between. I am also willing to go as far n...