Joseph Pilolli
Using HELOC on first purchase.
Hello all! First time investor looking for a little advice. Getting into rental real estate investing has been on my mind for about a year or so and I’ve been consuming books, podcast, etc. I feel like I have my head ...
Manuel Vargas
HELOC Utilization for investments
I currently have three rental properties. One has a lot of cash flow and a substantial amount of equity. The other two have limited cash flow and minimal equity. I would like to create more cash flow and possibly and ...
Christopher Lane
Here’s a stupid question, but hear me out...
Hey everyone, I think I have a stupid question, but the more I think about it the better it actually sounds. I’m looking to buy my first property and the only thing holding me back is a down payment that won’t complet...
Ben Rishwain
Theft and Mail Fraud of Rent Payments
Hello there!This week it was confirmed that mail had been stolen earlier this month which included rental payments. At least 7 payments are missing and 2 payments have been confirmed cashed by somebody who was not aut...
Jimmy Rojas
Name of deal when buyer pays off sellers loan balance
IM located in PHX,az and would like to know the name of this deal scenario where buyer agrees to pay off completly sellers loan balance, for example , lets say seller owes $50k on a $350k home buyer agrees to pay sell...
Karl Sivert Skatland
Review of investment worksheet
I am trying to create an investment worksheet that will give me a quick overview of a potential property investment. My question is how do I account for the principal paid on the mortgage? The worksheet is attached in...
Jim Johnson
How much to pay for the Mobile Home your buying...
This is a question I get all the time when dealing with people entering the mobile home market... and there are a whole bunch of answers. Lets start with one thing in mind, the less you pay- the quicker you recover yo...
Brendan Harvey
BRRRR - Double Edged Sword?
Curious about the BRRRR method. For the sake of cash out, the goal would be the highest appraisal possible. But wouldn't a higher appraisal cause higher monthly loan payments which would reduce rental cashflows? This ...
Mary White
Paying off Home or Refinance and Take Cash Out- advice please!
Okay, so I know much of the advice out there says to leverage your primary home to increase your capital for buying properties. I'm considering going a different direction and paying off our primary home to increase c...
Alecia S.
Owner financing property
I have a property I am thinking about owner financing to buy. I am not sure how it works. I offered 10000 down payment with 300 a month payment and a balloon payment at the end of two years with4 percent interest rat...