I was recently offered 6.75% (5,5,5,5,5) and 7.25%(5,4,3,2,1) for 75%LTV with a 1PT close on a 700K property I own outright --- Is this a good deal?
Hi!
This is my first post, so I apologize in advance for my ignorance. I do not currently own any properties but I am looking to buy a multi in the near future. I have been using several of the methods of valuation o...
I heard from one lender saying that they would not provide loan for a duplex zoned as C-2B. Is that common?
And any reason for that?Any lender who does not have that restriction?
This absolutely, no matter what the cost of time and energy may be, will be what I do to provide for my family! My husband is our main provider and was injured last year. We were told by his doctor that he will not be...
We are starting to look at plexes as it first investment. I'm trying to account for insurance in my cashflow calculations. I'm curious to hear how to best plan and budget for this.What specific measures have you taken...
Hey BP!After spending some time as Realtor in CA (2016 - 2021) and being on the fence of entering the investment side of RE (fix/flip/buyhold/STR, ETC) I've since moved to NV and taken the leap. Was fortunate to lin...
Good evening everyone. i am new to wholesaling properties and i am very interested in wholesaling my first HUD property. I have two questions about getting started. The first question being:is it easier to use an llc ...
I bought my duplex back in September 2022, but did not get the other side rented out until March 2023. Since this is the first year I will have rental income, what are some things to look for with taxes? Such as tax b...
We have found a wonderful investment opportunity for a 3 unit rental within a block of popular college campus. The current owner purchased the property a little over a year ago in foreclosure. We have come together ...
"In an effort to provide renters with more protection against evictions, the Seattle City Council created an inability-to-pay defense that renters can use in eviction. "This new legislation provides an additional evi...