Hi everyone, I realize there may not be a "better or worse" answer to this question - all recommendations are greatly appreciated!I graduate college in May and will be working an entry level position in Pittsburgh. I ...
I’m new to REI currently looking to acquire multifamily properties in the North Miami Beach, Aventura, and Hollywood areas that meet the following criteria:
Price per Unit: Maximum $250,000 (4 PLEX MAX 1M)
Cap Rate:...
I’m trying to understand how to go about purchasing properties that need rehabs with hard money then converting to a dscr loan after the rehab and new appraisal have been completed. If anyone could layout some basic s...
Hello everyone,
This is my first property bought April of 22 @342,000 w/a 3.7% interest rate. I owe $320,798.76. Estimated value is about $404,379 but may not be accurate(it’s the amt that shows on my mortgage compan...
Hello all,As you guys can see by my status, I am a beginner investor and would like to hear from my experienced investors here on this forum, what would be the best move to make in this situation?My parents have finis...
Ok!!! After reading a bunch of inspiring stories on here, my excitement level is through the roof. So I want to throw this out there and see what you all think. Like I have mentioned or you can find in my profile, I a...
Hey everyone,I have a fairly ignorant question, and have read a bit on the matter. But everyone’s situation is different and it’s hard to gauge this wild market so I wanted to put my question out there.I have a house ...
I am taking back a second lien on a property undergoing renovation. In a simultaneous transaction, I am entering a security agreement with the owner for a share of any profits from sale and (if applicable) rental, whi...
My client needs to incorporate funds for rehab in with her mortgage. I'd prefer NOT a 203K - maybe a Fannie Mae Home Style Renovation loan. Any recommendations? Been pre approved- needs to get going on loanThanks
Ok, I'm looking to purchase a home for the first time. I have been looking on the market and I have set my budget at 200k. All the homes around my budget needs repair. I was pre approve with an FHA loan but seems to m...