Hi BP,
I would like to refi my primary residence which has an 70% LTV. I want to lower my rate on a 30 yr fixed. I don't want to cash out. So far, all estimates have me paying 2-3% closing cost.
What gives? I th...
We own several rentals in an area of our town called Midtown Revitalization District. this district is sandwiched between 2 major hospitals and a junior college. All of our rentals are new construction duplexes and ou...
We’ve been working with a lender for about 6 months to finance my first home. We are in a unique situation as we are buying a home out of a rent to own agreement. The first 4-5 months I worked with an inexperienced lo...
So my property management company filed for bankruptcy (Enhanced Property LLC, managed by Keeyana Garrett, there was a post from several landlords, who had properties with them). I had one property with them and they ...
So, i'm trying to analyze cap rates for a STR investment and I'm coming up with two different lenses to view a cap rate.
1. Annual Cash Flow potential from what I'm seeing would want to see a higher cap rate. Is tha...
Hi,
I’ve been lurking/reading on the forum for a while and just decided to join. It’s been a really great resource, but it’s hard to get a handle on the current climate in lending.
My main question is the possibili...
So close on our first buy and hold purchase.FannieMae Homepath Tri-plex that we got under contract for 160K. The numbers worked out really well. Not much work to be done, just a re-paint and I was going to replace a...
I could possibly have an opportunity to purchase 8 condos together (in Kansas). This would be my first true investment property. (I just purchased a home and will be turning it into a rental later next year, and also ...
BP,I got some incredible help on the last deal analysis. You helped me back out of my offer that I put in on a very marginal deal. I'm hoping you can help me with another analysis.Indianapolis Duplex w/ each unit fenc...
Looking for info on any potential tax benefits of STRs. What can be deducted? Is it more beneficial to have it structured under an LLC? Are there benefits if an ADU is used as a STR (I am in California)? I am aware pr...