Mark Sullivan
Add to the Portfolio or Swap
20 January 2025 | 12 replies
The problem is that your debt payments are going to basically wipe out that $400K profit unless there is room to increase revenue or reduce expenses.
Ronit Lodd
Best Property Management Software to Scale to 10+ STR Listings? + Direct Bookings
26 January 2025 | 13 replies
You only need a place to track tenant information, payment history, maintenance, etc.
James Colgan
House Hack - Duplex
16 January 2025 | 3 replies
If you are going to be an owner-occupant, want a low down payment, and are planning to do a renovation, the FHA 203k and Fannie May Homestyle loans are your best optionsHow do you know the property is currently upside down on the mortgage?
Jemini Leckie
Out of State Cash Flow
29 January 2025 | 11 replies
I could come up with a down payment for an investment property in a different state easier than my home state at prices are pretty high in the 300-400 k just for townhomes.
Matthew Posteraro
Conservative Scaling for House Hacking
29 January 2025 | 10 replies
The only real advantage to using an FHA loan is to offer only 3.5% down payment, which in my opinion is barely justified as an advantage.
Tyler Sweet
Cryptocurrency and Real Estate
16 January 2025 | 6 replies
Some may be comfortable with 100% crypto transactions, while others could opt for a split between cryptocurrency and cash.For sellers unwilling to receive cryptocurrency directly, the digital asset will be converted to dollars to complete the transaction.There are many ways a buyer can use crypto to make a purchase:The simplest way is a Crypto to Crypto transaction, as long as the seller accepts cryptocurrencies as payment.
Nick D.
Pulling equity out of investment properties under LLC for a DP on a 3-family
17 January 2025 | 14 replies
One has no mortgage, their other has a HELOC for around $20k remaining and is coming to its 10year term that was established before placing with LLC.My predicament is how/best way to pull equity out of either property for a down payment for the 3 family that is valued around $450k.
Alec Jacobs
What bank account should I use for my rental property?
29 January 2025 | 4 replies
Alternatively, if you’re using QuickBooks Online with a plan that includes the "Payments" feature, you can collect rent directly through QuickBooks while staying on top of your bookkeeping
Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
I had a heart-to-heart with the contractor and made it clear what our expectations were and no more money (he was asking for a second payment of a three payment contract) would come his way.
Rauph Souleimanov
Creating a website with Carrot or NO Carrot
28 January 2025 | 2 replies
But then I am still stuck with the monthly payment of $180 a month.