For those who are capped and constrained by all of the Conventional Fannie Mae/Freddie Mac rules on investment real estate lending, you should give the Non-QM (Non-Qualified Mortgage) world a try. I've detailed below ...
Hello All,
I'm about to have my first formal sit down with my local banker.... I would like to get some feedback on my "planned request".
I currently have one rental property that is debt free that rents for $500....
We own two rental properties near Boulder, CO (Gunbarrel). Market value is about $550,000 (total, before taxes). We paid $108,000 for our first one (15 years ago) and $135,000 for the second one almost ten years ago. ...
I live here in LA and like the majority have looked at cash flowing properties OOS (As that seems where everyone heads) however I spent the night doing some quick figures on some multi and sfh in Bakersfield and and F...
Short Term Rental Pros…Since November of 2018, we transitioned two of our properties to Airbnb furnished short term rentals. It’s been quite a learning curve, but we’ve been able to reach Superhost status and have gre...
Hi Everyone,
I am in Analysis Paralysis phase... I have a home with some great equity in it. I could get a Heloc right now with a low interest rate and get 170,000 out so I can invest in other things. Alternatively, ...
Hello,
New here and looking for some advice and following through with a vacation townhome.
In Feb of '21 we put some earnest down on a new townhome that had a complete date of Spring '22. That got delayed a few tim...
I spent some time combining 4 or 5 other spreadsheets that do things like calculate your mortgage payments with various financing options, calculate your cap ex, and calculate your cash flow, GSI, GOI, NOI, CoC, etc.I...
Hey Everyone,I have a paid off single family home with a good tenant who pays $850/month. After taxes/insurance I'm profiting about $7500 a year from this property.My mom is a successful investor and it has always bee...
Hello. I am an aspiring investor and my wife and I recently bought property (a condo) back in June (our first future investment property). At the time it was all we could really afford here in San Diego, CA. Today I u...