Disclosure up front: I run CR Equity AI, a lender (NMLS 2797309). Details are anonymized. This is for education, not a sales pitch. We recently worked on a DSCR portfolio loan for roughly 175 rental units spread across about 150 properties. Most are in one West Texas metro, with a handful in smal...
Message me for more info any time! https://www.zillow.com/homedetails/46-Northern-Ave-Farmingdale-ME-04344/91849766_zpid/?utm_campaign=zillowwebmessage&utm_medium=referral&utm_source=txtshare Awesome opportunity to own a single family property OR convert this great property back to it's original ...
Hi everyone, I'm 22 and partnered with a contractor in college to owner finance a property that we own 50/50 and are closing on another deal by the end of the month which we will be purchasing in cash again at a 50/50 split. These are both duplexes in Maine, the first property has been fully rent...
Looking across Greater Houston today, capital seems split between two specific risks: banking on suburban workforce rentals (Pasadena, Spring, Baytown) where sub-$220k entry prices look clean until HCAD reassessments and insurance renewals compress an 8% pro forma down to a 1.10 DSCR break-even h...
When does refinancing an investment property become worth exploring? For some investors, the goal is accessing available equity; for others, it's restructuring debt or potentially funding another acquisition. What factors would you weigh before deciding to refinance?
Quick underwriting habit I had to unlearn: treating CapEx like optional fluff when the photos look good. A “renovated” kitchen or new paint doesn’t mean the big-ticket stuff is done. Roof age, water heater, HVAC, sewer lateral, appliances near end of life — those still hit you on a buy-and-hold, ...
Im an out of state investor. I paid a contractor for a whole property reno - went significantly over budget and our 3 month timeline in now in month 8. This is someone I’ve known for a long time and trusted. He started getting dodgy and I started digging. As it turns out he was misappropriating t...
I’m currently residing in the home that I inherited. The deed is officially in my name. I’m awaiting a decision on a HELOC loan so that I can begin the rehab to flip. This will be my first experience with real estate investing. If you have wisdom and like to answer semi-stupid questions from a to...
I keep hearing some version of: "You have to wait 6 months after buying before you can refinance off the new value." Not necessarily. There are DSCR options where little or even no title seasoning can work and you can potentially get somewhere around 75% LTV depending on the deal/program. But her...
Hello, so im 24 live in NJ with my parents and am debating using the next 2 years of living at home to just save or get started in real estate. Ive looked into all the different strategeys and for my area house hacking doesnt seem to be the best. I landed on out of state single family homes under...
Very small sample size, end of summer into shoulder season however notable as all but 1 guest have brought dogs and not one has checked the pet box which can be elusive as they have all mentioned dogs just didn't add the fee. Prior to this the pet fees collected were averaging 20% of bookings whi...
Conventional is hard to beat when the file fits. Good rate. Good terms. Usually no prepay. I’m not going Non-QM just for the sake of going Non-QM. But this is where I think investors need to stop looking at rate only. Take a 2-4 unit investment property. Conventional financing is generally going ...
Here's something I've been wondering about. A restaurant can serve excellent food, have loyal customers, employ twenty people, and make a healthy profit year after year. Yet getting a substantial business loan can be surprisingly difficult. Meanwhile, the building housing that restaurant might qu...
I'd welcome any advice on tenant screening where the applicant has little to no W-2 income, but instead relies on income from a personally owned business. I received 2025 income tax returns, but still concerned as there can be a lot of flux to business performance.... Property is a very nice sing...
Goodmorning, We have a somewhat unique situation, and we find it difficult to accurately assess our potential liability risks. We are dual citizens living in Europe, and we file tax returns in both Europe and the United States. We own two rental properties in Florida, both of which are nice singl...
Hello. newbie here, need 30k to finish a project, Is 15% to much to pay? I have a 90k loan, need 30k to finish and after value is 320k. How to find the funding in my area or national that are legit and reputable.
Hi everyone, I’m looking for some guidance on the best way to structure my business entity for rental properties and would love to hear your experiences or advice. I live in Texas, but I currently own two long-term rental properties in California. Now, I’m planning to add a couple of short-term r...
Hi all, I just bought a multi use commercial building (2 residential and 1 commercial unit) that was up for auction and have talked to a couple of contractors and handymen but have been told either the address is outside of their scope of work or haven't gotten a response despite multiple texts a...
What's your opinion on Dave Ramsey method for success, he mentions a lot its best to buy real estate property cash with no debt or as last resort 15yr mortgage, for most that are just starting out its almost impossible to have over a couple$ 100k to invest in real estate cash.
Anyone dealt with two houses on one lot where the second one isn't "legal"? Bought a place at a county auction in Allegheny County PA (Collier Twp) that has two separate houses on one lot, big parcel, about half an acre, each with its own driveway/access. The back house isn't a shed or a garage, ...
Happy Thursday everyone. Three more observations from the self-managing side of rental property. Three Landlord Tips 1. Look beyond the repair bill. A $1,500 repair may look better than a $6,000 replacement, but the lowest price today isn’t always the lowest cost over time. Age, repair history, e...
A late fee clause in a management agreement trips up a lot of owners, and I am curious how the people here handle it. When a tenant pays a late fee, who keeps it in your setup: the owner or the management company? I have seen it go both ways. Some agreements let the manager retain late fees as pa...
Just closed on a property through an LLC, funded the purchase with a retirement account loan, and now need roughly $20-30K for repairs (contractor walkthrough still pending for a firm number). No extra cash flow right now and I'd rather not tap retirement funds. LLC is about 5 months old, so it d...
I'm self managing 5 rental properties and one of my most time-consuming task is handling comminications between tenants. I have a 9-5 so I'm always juggling from scheduling repairs, or going back and forth with tenants. I'm curios if you guys having the same expeience and if you u are using a som...
I manage rentals across the south and southwest Chicago suburbs, and the markets that keep producing steady cash flow are the ones a lot of out of state investors skip. A few I would point newer investors to: Matteson: single family and small multifamily at accessible entry prices with steady ren...