Tyler H.
How do I "capture" the equity in a purchase to use towards LTV?
For all you investors that pick up property below "market value"... Is there a way to PURCHASE an apartment and utilize that "equity" as part of my down payment?EASY EXAMPLE. REO Apartment that APPRAISES for 1MI acqui...
Cara Wells
Changing Tenant's Rental Payment Method
HELP! I've run into a rental payment issue. My tenant was previously depositing her rent ($1800/month) into my Pentagon Federal Credit Union account. When she signed a new lease starting 1 June, I wrote the requiremen...
Thomas Don
Buying a fourplex/All cash discount?
So I've been reading books and I'm ready to make my first purchase in the rental market fairly soon.
I have been considering fourplexes and have found a few in an area I think will continue to grow in the next few y...
Blake Bittner
How fast can I start
I’m 17 years old I have about $22,000 saved in the bank I’m trying to learn as much as I can and I wanna buy rental properties. What do I need to do to be able to get a loan? would I even be able to start at 18?
Ray Lai
Just got my first offer accepted!
Hey guys,I literally just got my first offer accepted on my first investment property. So far I talked to my mortgage broker at where I bank, Navy Federal Credit Union and they are only offering 4.625% (no fees/points...
Jason D.
Pay Down Debt, Buy Cashflowing Assets, or Fund My Business?
Hey folks,
I'm at a bit of a crossroads regarding what to do to move forward with REI. I currently house-hack a SF home but do not own any other properties. It has about 250k in equity (worth $400k, 150k note at a ...
Steve Franco
Wholesaling ins and outs
Hey All,New to real estate investing in Chicago and new this forum. Searched through a few of the posts on this but there are SO many and it was hard to narrow down to the answers I am looking for.A little about myse...
Annie Johnson
Jamestown BRRRR (our last)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $43,000
Cash invested: $63,000
Bought this Cape Cod Style single family home in November with Cash. Paid out of poc...
Glenn P.
Buy now, pay down existing mortgages, or just wait?
Wondering what the best strategy is here. I have 9 units (Quad and 5 SFR's all on 15 yr mortgages), everything is going really well, things are cashflowing quite nicely (Bought when the market was down).Right now, th...
Kevin Jung
Is this a good deal? Good cashflow but bad neiborhood?
I'm looking at a duplex with crazy cash flow but it's in a really bad neighborhood. Bunch of thieves, dogs, and drug attics running around. Pretty far from any restaurants, markets, and such. But it has 2 tenants in p...