I have a single family home that I am interested in doing a buy and hold transaction but based on the selling price there really isn’t enough equity in the home to do a hard money loan so that I can purchase and refin...
We just got our next personal home under contract, due to close Oct 2nd. Just before the Oct 3rd changes take effect!It's been a long time since I've shopped mortgages since I've paid cash for my investments. Can a...
Hello everyone, First timer here to make a post regarding an investment opportunity I have come across. I am curious to gather some expert feedback. I just had an offer accepted on a Duplex that was essentially gutted...
I own two rentals in Baltimore. I’m looking to refinance both properties without using my tax return since it showed “loss” only because of deductibles and expenses from my current flips. So, I’m looking for lenders w...
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Hello,
I am placing an offer on my FIRST duplex and the pro forma lists a NOI based on the rents listed but doesn't take into account expenses etc. Obviously my offer is based on the NOI taking into account ...
Hi all,
I had some questions pertaining to raising capital. I've seen some good posts on the forums but I am looking for some more specific information.
I have been working in real estate for 6 years now and I most...
Hi everyone,New to the real estate investing industry. When looking at a potential deal, how much extra do you include in monthly costs in addition to the mortgage payment? For example, if the mortgage payment on a $1...
Newbie looking for some sale advice. Purchased a triplex as part of a 15-unit portfolio and am now entertaining offers to sell it separately. Having trouble coming to terms with my valuation of each building. I'm pret...
Question so if I just move somewhere and want to buy a complex for let's say 10 units and listed at 500k. 13k a year I'n expenses and 70k in profit before mortgage. And its 90% occupied would the bank approve since it...