Asher Anthes
Adjustable mortgages on Investment Properties?
I talked to a few lenders that said they will only do fixed rate mortgages on investment properties. Is this pretty much true across the board, or are you able to find lenders that will do adjustables?
Thanks,
Asher
Abad Marroquin
Water bill is 17% of operating Income
I am analyzing an 12 unit apartment where the owner pays water and noticed that the water bill represents 17% of the total operating income. I don't own any apartment, so I don't know if this is within the norm. I als...
Luka Jozic
Buying cash vs with Financing
I know there are similar threads but I wanted to ask this question for Toledo specifically. If you are not going to do a true BRRRR, does it makes sense to buy cash simply to get a lower purchase price? What I am thin...
Micah McAlister
Wrap Mortgage for first time into real estate?
Hello all!
I just learned about the Wrap around mortgage. Is it too good to be true? I have been wanting to get into a real estate property and live in an expensive area ($300-400k average home) but came across a cou...
Kefah Al-Ramahi
HELOC for rental
Hello All,I need a HELOC for my rental in OH. Can one recommend a lender?Thanks folks !
Brett Merrill
Business and Building BRRRR for 0% down
Investment Info:
Industrial commercial investment investment.
Purchase price: $500,000
In the heart of our local community, I embarked on a journey that epitomizes the power of strategic thinking and pro...
Mike Bonadies
Sicklerville Townhouse Buy & Hold
Investment Info:
Single-family residence buy & hold investment in Sicklerville.
Purchase price: $39,500
Cash invested: $15,000
The Deal: A massive 1 bd/1.5Ba in Sicklerville. The previous owner w...
Jerome Lanier
Cook County Tax Deliquency
Is there a way to pull the list of properties with delinquent taxes in Cook or Will county (Illinois)? I have checked the websites to no avail and went to the assessors office only to be told there was no such list. A...
Ricardo Meza
Raising Rents for Sale?
This question is out of curiosity since I'm not yet a landlord.Say you have a property you're about to sell, and the value of that property is mostly based on the cash flow. Your current tenant is veteran, and when y...
Peter Kandra
Partnership Tax Return
This is mostly a theoretical question for now, but will most likely become valid in 5 years or so. I own several properties with a neighbor of mine that we operate under an LLC. We file a partnership form 1065, and ...