I am looking at a potential 10-unit MF deal in Columbus, OH. Now, I have read about NOI, CAP rate etc and evaluating the purchase price based on cap-rate. But as I sat down with a spread sheet to plug the numbers in, ...
So I inherited a new tenant 4 months ago when I purchased this duplex. He's been no problem at all for the past 4 months. He texted me on June 1 saying that he changed jobs and that he might be late on rent this mon...
DSCR / rental / hybrid / even conventional lenders who have an opinion: Where is DSCR heading?
Context: The DSCR space is largely controlled by 10-12 institutionally backed lenders. There's hundreds of other lenders ...
Why would a licensed general contractor ask a home owner to pull their own permits?I'm curious why they are pushing this burden on the home owner, and if I pull my own permits what are my responsibilities and liabilit...
So, I'm in a bit of a debate with my handyman, who has serviced one of my two multi-families for years (prior to my buying it two months ago...) All the bathrooms have vinyl sheet flooring. One tenant complained that...
Hello Everyone, My Name is Edward, I'm brand spanking new to real estate. So I've been interested in having my own business for as long as I can remember. I never liked working for minimum wage, or working for anybody...
Hi all,I'm new to REI and I am considering purchasing a multifamily property with an FHA loan. I am not sure what location I should be looking in, but there is a local university here. What would be a better investmen...
I just put my first unit on the market and I'm getting a whole range of interested parties. Many of the folks who seem like decent potential tenants have lower credit scores. There are many folks in the 600-650 rang...
Anyone invest in a flood zone lately? Looking at a place close to the beach and aside from flood insurance, any other protection strategies?
Is Fannie Mae HomePath the Right Path?
How the new Fannie Mae HomePath financing program works and how to use it wisely.
The Federal National Mortgage Association (FannieMae) recently announced a new program called ...