All Forum Posts by: Redgy Saint-Germain

@Account Closed

Thats actually a good idea to charge a pet fee and sign the pet addendum. Good one

@Sean Newcomb

It depends on how much money is the 20%. For instance if you`re looking at a property let`s say 300k 20% represent 60k. I would personally put 3.5% (10.5k)  down while still have enough money left (49.5k) to put 20% on another property right after (247.5k). 

According to the math above, you`re still able to buy two properties with the same amount of money instead of buying just one with 20% and by the way you can still buy more.

Good Luck

Is your rental " pet friendly" ? if no why not?

@Skye Anderson

I would buy another deal and use the cashflow to pay down the debt. You would benefit from the tax savings, pay down your debts, building equity in the process. 

You cant go wrong with this.

Wow good job. It looks amazing 

@Jordan Whitworth

How did you purchased the first property? How much savings you have now? have you gone through a refi since your purchase. 

We need more information to be able to help you out

@Mike Savage

Why not pull the equity out and buy more properties, seems like you can play the multifamily game now and scale quickly 

@Account Closed

I would honestly run away, big red flag 

@Josh Dean

Welcome to BP, what are your goals for the year ?

@Ed Ward

Welcome to BP, tell us about your goals to see how we can help :)