HI all,I am closing on a 9 unit "c" class property in SE Minnesota, and the price is 400k with about a 9% cap rate. this is my first deal the is not residential, what type of terms should i expect to see for this size...
I've been saving and have established some good credit, what now? what would you do? should i just keep on saving or go ahead and jump in?
Hello everyone,I just have a general question about the strategy of house hacking, I understand that the point of house hacking is that after a certain amount of time you buy a different a new property and then house ...
Hello, Just started seriously looking into financing for my new parent entity and was wondering if anyone had input on the SBA loans and other services offered by sba.gov I opened a bank account for my entity at a nat...
Hello!What are the key factors to consider when deciding on the most suitable loan type to cash-out refinance a newly completed house? Would a DSCR Loan, Conventional Loan, or Bank Statement Loan be the best choice to...
So my dad and I are going to be attempting to get a loan for a 62 unit we have a very nice down payment. I'm just worried that if it doesn't work out we will be using all our hard earned money for nothing. Is it norma...
Hi I am looking for a loan for a short term rental property purchase. Can someone explain the difference between a DSCR loan and an investment loan that takes the rental income into consideration? Also, I have cash ti...
Hello Everyone,
I am in the process of educating myself before I purchase my first few rental properties. I have heard that the mortgage rates for a 15 or 30 year loan are a little bit higher than if you were to get ...
Good morning! I had a thought this morning that I’d love some input on. I live in Florida but own a business in Pennsylvania. While I have managers handling the daily operations, I still oversee everything remotely. I...
I stumbled across this guys website this past weekend and read this post. I just wanted to know peoples thoughts on this and if you believe it would actually work?
How to pay off your house within 5 years using the...