I found one mortgage broker who is willing to qualify me for a triplex BASED ON THE CASHFLOW ALONE. She said: All you need is the money for the downpayment since the DebtCoverageRatio is so high. Of course... that was...
Ok, I have been reading about seller/owner financing and still I am a little confused. I am in a scenario where the seller owns the property free and clear and would offer me seller financing. Say the seller would ...
My property manager retired and sold my account to Leria Group. Leria Group, while bigger, has been only a marginal property manager. Several months after the fact they send us a contract with a 12% rate and $50/...
I am wondering if anyone has ever purchased (not transfer, purchased ) their primary residence that they were currently living in using their LLC? If I can get an investor to loan me the funds, I would purchase my pri...
Our first rental one year ago was inherited renter so we knew up front the immediate gain. Now a new dilemma, for which I continue trying to educate myself daily here on BP. If we could get a rent of $600 per month ...
I am using a VA loan and have had trouble with the appraisals being lower than what I offered and sellers didn't want to do a reduction in price. This is my second time in escrow and I have found an amazing owner occu...
We flipped 3 houses last year. It was a long hard battle and we did well. Now I have money in the bank and flips have become harder to find in this market. I found a new construction triplex for $670k where there are ...
Hey everyone this is my first post though I have listened to many podcasts and studied literature. I am currently a healthcare professional and I travel all over the US for my job. I earn good money but currently don’...
I have a 2-story, 3 bed/1.5 bath house that is at the beginning of rehab (going to use it as a rental). On the top floor, there are 2 nice size bedrooms, 1 small bedroom (7x8), a full bath (7x8), and a deep linen clos...
Hey everyone,
I'm fairly new to real estate investing and am looking into a range of awesome opportunities. Does anyone have experience appraising & dealing with "retail/residential" properties?
My business par...