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32 units that need major renovation. The asking and repair price is over my rule of 65%. However, these are two bedroom units and I would section 8 them under market rent to fill them quickly. In the loan portion I in...
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For anyone that has done new construction deals in Philly I have a question. I have a potential property that I’m trying to put under contract but it’s a strange one. First of all it’s two properties that has been con...
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I've considered using the BRRR strategy over the past several years, but I am having some trouble coming to terms with the decreased differential between the monthly rental income and monthly PITI. I just started the...
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Hey guys question here, under what circumstances if any should I consider buying an investment property that doesn't fit the 70% rule. Most of the offers I have coming my way from local wholesalers would cost me over ...
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Hello next year I will be buying my first rental property. I wanted to get your opinion on paying off your rental property mortgage one at a time before buying the next rental or not? The way my numbers will work out ...
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Hi All,
I am in contract to purchase a 2-family property. I am financing the purchase with a 3.5% down FHA mortgage. Through my due diligence I discovered repairs needed and have agreed upon a credit from Seller in t...
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Hi, as I am looking to get my first SFH rental that I plan to househack, I am realizing that I may not have enough capital to do all the required rehab to tenant proof the property. The details are below: • Estimated ...
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I just put a contract on a 4/2.5 2200sqft home. It also has a separate lot that is almost a full acre - zoned for single family res. or multi-family res. I'm debating how to market this because, I could possibly sel...
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Hello, I have 12 doors in the Hammond area of NW Indiana. I recently retired and need to be taking home a better percentage of my gross rent than I am right now. I would love to find a manager with a good team to do...
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I am currently looking to rehab a property in my home town. I will pay cash for the house but will need lending to complete the rehab. I have talked to several hard money lenders and all have stated they need a large...