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It is with some emotional sorrow that I report that my 96 year old grandmother just can't live in her house anymore with her caregivers. She's had a good life and it will continue at a retirement facility, a few minut...
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Hi guys. Need a bit of advice here.I have a multi-family building as an investment property here in CT. It is held under an LLC.Property value 190k (for 2 lots next to each other - 1 for the house, the other is an app...
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I am putting in an offer for a 5plex multi-family residence and the sellers P&L statement for the previous year shows 100% occupancy. I requested that my broker ask for an Estoppel Certificate be attached to the p...
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I'm currently receiving quotes to insure a rental property owned by my LLC.Due to the LLC, I'm being quoted as a commercial policyholder, although the home is a single-family residency. Is there any method to avoid t...
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Hello,I am looking to invest in a multiunit property, but I am nearing the debt to income ratio most banks require. I do not have the funds to pay all cash for the properties I am looking at. I am curious as to how sp...
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I own 4 rental properties. Two are in my name and two are owned through an LLC. The mortgage holder for the two I own in my name will not let me change ownership to the LLC. In order to keep the liability protectio...
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Hi everyone,
I've traditionally stuck to long term buy and holds that have required limited repairs/ improvements and have not gone through the refi process as yet. Any input you all may have on the margins and or d...
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So I dont think I’m thinking of this correct so I have a question for more experienced investors. How would I determine what I could spend on a certain deal or how to find out if you can get all your money back or mor...
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Hi Everyone- I'm currently a college student and I'm wanting to get started in real-estate. I'm looking to buy a duplex near the college I attend and house hack by getting a FHA loan. I'm looking for duplexes around $...
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Hello everyone,
So I just had my 1st offer accepted, now the seller wants to know how much is the loan you are seeking from their lending institution? Documents to be provided: Loan approval. Prove of funds to close...