I had a recent experience with a lender that baffled me and wanted to share. I purchased a 40K home that was being used as a college rental. Based on doing prior deals with the seller and his motivation to liquidate...
We have about 15 SFH properties that we've acquired over the years but we've not delved into multifamily. We are looking at a 11 unit apartment complex. I need the rental agreements, etc to run numbers more accurate...
I’m very interested in purchasing a 14 unit apartment in my town. It consists of four buildings, three of them contain four unit one bedrooms and the other building is a two bedroom duplex. I walked the property with ...
Our landlord and husband spoke this morning about how he hasn't gotten our last two month's rent, but when my husband said we did pay them both he did say he believed him (and he should, we really did pay it). Our que...
Hello all! I am new to the forums and very excited to be involved. Here is what I know about real estate:
1) I haven't even reached the tip of the iceburg in the 'knowledge' arena.
2) I want to be i...
I'm new to this and in the process of renting out my single family home for the first time. I've read previous forums about the pros and cons of providing snow removal/lawn care but my situation is unique as the...
I have been looking at MFR and three bed two bath are nice, however, they are much pricier than 2 bed 1 bath and bring in the same ROI due to larger/smaller mortgage costs. Although I can ask higher rent for the three...
Hi Everyone. I'm new here.
Scenario:
Unexpected landlord with under water property and negative cash flow. Cant refi. It will be short if I sell and negatively impact my credit (and owe taxes since its a rental). I'm...
I think I know the answer to this but I'll ask anyways. Is there any practical way to finance 100% of a multifamily. I've been looking at multifamily units locally and I just don't have the cash for a 25% down payment...
I have been downloading podcasts, read the forums, read the e-books you guys so wonderfully gave for free, here is my problem. I need a mentor to actually sit down and show me how to do all of this, I am ready to r...