Current lender is offering 70%....another local lender willing to go 75%...standard seasoning is 6 months...has anyone seen higher LTV's or shorter seasoning?
I'm in a bit of a pickle and I could seriously use the advice of some professionals. Sorry if this gets a bit long winded.
I live in North Carolina. I own one home which I bought 5 years ago. I put it up for ...
Hi Guys,I am in the process of closing my first multifamily in New Haven, CT. The house has 3 units and I need to find homeowners insurance, I am been shopping around and the quotes are very expensive ($280 - $350 a m...
Hi! I am BRAND new to the game. Been researching and learning like crazy, but I am in a good place with money and investing will be a side gig for me. What started out as simply wanting to purchase a mountain home in ...
I am really interested in the idea of purchasing a multi-family property, likely in the Chicago area. I have found many properties in the 250,000-500,000 price range. As a commercial loan, my guess is that I have to g...
I've started doing some research on how to best finance my first investment property (buy and hold). Met with a local bank, they offer 80% loan plus rehab costs in a 5/1 ARM at 4.5%. I will be looking for a home in th...
Okay seasoned investors, I would like to get your $0.02 worth on two properties I have looked at today. But first, let me start by telling you my plan. Please feel free to critique my plan as well. Step 1: Purchase a ...
This town has a population of 5,000 people. Its directly downtown. brand new 2 bed 1 bath on third floor/3 offices on 2nd story/3 offices on 1st story. Only 2 are occupied. Owners are looking to get rid of it and be d...
Currently there are two units occupied both paying well below market value in rent. The rental contracts are stated as month-to-month.The lease has the phrasing : " the term of this agreement is for Month-to-Month, be...
Hello all,I have a few questions. I am currently reading a description on triplex that has been recently made available. I like to see what’s for sale every now and then as I am still in the process of saving enough m...