I am trying to close one loan with Chase for one condo as an investment property.I heard that they have a policy that they usually approve a loan when investor owned properties have be less than 50% in the condo compl...
Is it just me or has the concept of house hacking gotten a little of out control? I find that areas in my desired markets zoned for 2-4 flats are being driven up by first-time home buyers looking to be saavy and "hous...
due to the horrible market right now, i know houses in my neighborhood are taking 5-7 months to get bought. are more people renting? in my position, a college student with a small savings of about 10k, should i purc...
Hello All,I am a young professional (24) in Boston working at a software company fulltime. As rents are high, but price to rent ratio is even higher (20-1 to 30-1 depending on the area) I am stuck with making a decisi...
Hello investors, I'm a first-time landlord who lives out of state and seeking advice.During pandemic, I purchased a rental property near Austin for around $380k with 25% down and a low interest 30yr mortgage. Ideally,...
Hi all,
I'm currently working on the planning phase of creating a rental stress test algorithm that will essentially output the inflection points where the deal turns from good to bad. The idea is to eventually have...
It's 7pm and I just leaned out the window of my Brooklyn apartment to cheer for front line heroes in my city's and the world's fight against the COVID-19 Crisis. This is a new routine I could not have imagined just o...
Good Day All,I have heard a lot about crazy cash flow on Cottage/Airbnb rentals in Ontario (specially near lake/water properties) during Summer season which has intrigued my interest in Short term rentals investing. I...
I recently asked a question and was cautioned about buying properties in a declining area. The area I am looking at is declining, but not too quickly. The houses are really affordable and the renters are plentiful. It...
I checked my bank account this morning and the EIDL grant was deposited. Of course it wasn't the full 10K like everyone is hoping, mine was 2K. Many will ask, but I signed up on the 29th directly from the SBA site. I...