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So I have an interesting question: I have a SFH that I’m renting to my brother and his family. He was so excited when I evicted my last tenants a little over a year ago bc he really likes this house and wanted to liv...
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So I get the process of BRRRR. My question is in the actual refinance portion. When you refinance a home at 70%-ish LTV of ARV after repairs/updates and its rented does the lender just give you cash in the form of a...
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I have a property apx 50% lvr. Bought with a private loan from my dad. Habitable, but needs some rehab. I hate being a landlord, need some cash up front, but want to look longer term than wholesaling or flipping.
My q...
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The 70% rule of thumb seems like a great way of determining how much to purchase a house for. How many people that use the 70% rule actually achieve the 70% rule once the rehab has been done and the house has sold? In...
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Hey All,I recently found out that I am potentially set to inherit what would be an abandoned house in the Edgewood area of Dayton. I say potentially as it is a long story with a bit of drama, but basically it was my g...
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Hello everyone, I'm just starting out and would like your advice on this investment. Basically, it's going to be owner finance over a period of 18 years. The property has 2 houses on it and the asking price is roughly...
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Since the end of 2018, I have been fully immersed into learning the ins and outs of apartment investing. I have consumed vast amounts of content ranging from books, periodicals, newsletters, while also listening to ov...
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Here’s the short question: Should we buy 1-2 rental properties next year using a 25% down payment, or save/wait 24-36 months and begin a cycle of buy in cash and getting delayed financing.
Here’s the context: My wi...
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I have been crunching numbers on a lot of properties and so-called-deals and not sure if I am missing something, or just not seeing it.Purchase Price - 100,000Loan Amount - 80,000 (@5%, 30-yr fixed conventional)Rents ...
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I purchased a multi-unit for 400k at 20% down on a commercial loan. Appraisal comes back at 500k. I'm a buy and hold investor and I think there is still room to renovate and appraise it even higher. What should I do? ...