I am looking to buy a small multi family in my area. I had this property sent to me by an agent that I am working with. He has all of the income and expenses but they haven’t determined a price yet. What would you pay...
Trying to strike my 1st MHP deal. Looking for feedback on the latest one I'm pursuing.48 pads & a 4 Unit multifamily- No vacancy38 park owned homes- 24 are 1980's or earlier, 14 are 1990's or later( 5 are 2016)Lo...
Hi-
I have a DSCR loan at $1.575M with 75% LTV and DSCR ratio is just over 1.0. Credit score is 736. I am being quoted a 8.25% on a 2 YR PPP. Is this competitive?
Economists:It is said that there are 4 phases of a real estate cycle: (1) RECESSION (supply greatly exceeds demand and high vacancy rate); (2) RECOVERY (rental growth remains stagnant with little signs of new construc...
Hey All,Newer investor here from Phoenixville, PA (Philadelphia Suburb.) My partner and I have created an LLC and recently purchased 3 SFH (buy and hold.) We are hungry to buy more and both of us may have the option t...
Ok, so I'm definitely a newbie at this, and am sure that I've got a bunch of stuff in here that'll reflect my experience level. I apologize ahead of time if some of my questions sound dumb.
So here's my situation:...
I recently refinanced a home that I have been rehabbing for a year. I am currently living in the home rent free due to my roommate who covers almost my entire mortgage payment. Through my refinance I was able to draw ...
Hi All--my husband & I are in the process of selling our primary residence in Los Angeles. We have a lot of equity, we've been in it for 20 years in a trendy neighborhood. We bought the home for $230K. We may h...
Hey everyone! I wanted to ask the group a question that has been baffling me. You see, I have been looking for a small multifamily in Pittsburgh. I am familiar with the different financing vehicles involved and was se...
Hi,
Looking into the STR strategy. Wondering if can work with the BRRRR Strategy,
What market will I be able to combine STR with BRRRR?
I would prefer Florida Beaches, but open to other markets ad well.
Than...