Return On Investment or ROI in real estate is calculated very simply: ($ X 12) / Total Investment, where $ is the monthly rent multiplied by 12 months and all divided by the total amount spent on the investment. So...
Does anyone here (ideally someone in Dekalb County, Atlanta) have experience dividing parcels of land into separate addresses? I'm trying to find out:What government official(s) I would need to talk to?What the costs...
I have four questions.
#1. Looking at a local hard money lenders terms, I need to understand what the following terms mean:
a. LTV: up to 70%
b. Repair draws: 70%
...
I am having trouble understanding a hard money lending example. Everyone I have talked to has recommended it and I have never used this before.
Can someone help explain the basics of how to get to a monthly payment f...
Hi guys,so I am looking into an 11 unit multi in my area. its currently set up as an extended stay hotel/apartment. its in a good area in regards to minimal crime, strong local university near by, steadily growing c...
Does anyone know of a lender in Rhode Island that specializes in Homestyle renovation loans?
I was referred to a 203k lender but he never heard of the Homestyle loan for investors.
Any information is very appreciate...
Hi. I am a new Real Estate Investor 'wannabe" and I'm practicing calculating my numbers for a flip. (Using any numbers here)..If I have a property that's asking $50,000 and the lender requires 20% down, ($10,000) then...
Can anyone please help me with guidance?I need to know the process of legally separating 2 structures which are on the same parcel with the city.Strangely I have 2 properties which this applies to right now.One in Mia...
Can I Refinance My FHA Loan into an FHA 203K for Renovations? I would like to know the pros and cons as well as alternative options
Hello,Has anyone dealt with the Fannie Mae Homestyle revocation mortgage? if so could you provide more information on the loan? Also how does it contrast from a traditional 203K loan? How was the overall experience us...