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Hello,My dad has saved 220k dollars. We want to start investing in real estate. We were thinking on buying a distressed property (all cash) and then fix it and cash flow for a while until it appreciates enough to sell...
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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...
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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?
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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 ...
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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...
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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...
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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...
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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...
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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 ...
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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...