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Results (10,000+)
Clint Miller Where Do You Find the Funds for the Down Payment?
26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
Jeanette Land Laundromat Investing in WI
22 January 2025 | 1 reply
If you are waiting on a repairman for those as well general repairs its going to hurt your profit and your appearance. 
Henry Clark Self Storage- Will they come? Market size?
12 February 2025 | 27 replies
There is a profit but not worth the risk.  
Andrew Bosworth Best current commercial lending options for small/mid-sized apartments?
12 February 2025 | 10 replies
Personal Financial Statement Borrower’s Schedule of Real Estate – or- Resume illustrating experience2-3yrs Personal & Property Tax Returns – All schedulesPrevious Year and YTD Property Profit & Loss statement w/ detailed expensesRent Roll w/ detailed lease informationCopies of all Leases3mo.
Mindy Perry property management software and 1099 K
31 January 2025 | 7 replies
But you are required to file a Schedule E in the US every year showing the total rents you received, the expenses you had against those  rents and your subsequent profit or loss. 
Courtney Dettlinger Should I use home equity loan & how
22 January 2025 | 1 reply
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.
Timothy Hilario Real Estate Advice
28 January 2025 | 2 replies
If the rental income from your condo can comfortably cover your mortgage and leave you a little profit, moving out might make sense.
Joe Kim How to speak to owners/landlords for rental arbitrage
27 January 2025 | 7 replies
Also, for me 30+ bookings tend to be less profitable even though there are less vacancies.  
Brian King New to the Real estate game
19 January 2025 | 21 replies
Contrary to most business lending, the REI industry has a lot of "non-bank" lenders that provide attractive loans that can lower your cost of capital and improve your profit/cash flow. 
Jade Frank New to real estate investing
8 February 2025 | 12 replies
How much profit do you have in your current house?