I contacted a broker and he connected me to his wife that works Quicken Loans and she is trying to get a pre-approved. She did the application and stated with my information that I gave her with me grossing 32,000 ann...
Does Marion Oaks, FL have a higher growth rate or Silver Springs Shores, Fl? Which area is more desirable for single family investment and have a higher rental demand?
When I was working with a mentor a few years ago, he told me about a 1% rule. If the rent is 1% or more of asking price, it’s a deal. Has that changed to 2%?
My partners and I have our first two meetings with local banks tomorrow afternoon. The main topics will be establishing a business line of credit and/or construction loans.
We have one successful flip under our be...
Hello all,A brand new investor here, reading the firuns here and am super impressed at all the wealth of information and the helpfulness of everyone. I've owned multiple homes for our family but have never invested ou...
Hi - my friend needs CASH (want to build a residence in country club) and is Selling his 8 units multifamily complex. Here is the DEAL:8 units, (7) 2BR, (1) 4Br, renovated in 2012, currently fully leased.Negotiated P...
Hi Everyone,
I am new to the STR game and wanted to ask about Rental Registration & Inspection Ordinance (RRIO) in Seattle, Washington. How do I know if I need a RRIO inspection? Is this required before publishi...
I'll be closing on a triplex in 3 weeks and would like to start advertising the one vacant unit ASAP. Hoping to fill the vacancy by the first of Sept. I wouldn't collect application fees or anything like that until I ...
Are there any stated income loans out there? I have a client that wants to buy a new home, he owns a business and several residential properties (free and clear). He does have a lot of write offs, so his income at the...
Hello Everyone!I have a couple questions that I would like to get more experienced people’s thought on about Cash Reserves on SFR and Multi-Family units. And more specifically when to cap your reserve account and put ...