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Reposting this here because I got no love in the Starting Out forum!By way of brief introduction - my name is Justin and I'm an out-of-state real estate investor, currently focusing on single-family and small multi-fa...
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I am looking to purchase my first rental property and wanted to know thoughts on paying the minimum down payment vs paying all cash. I will lay out the scenario...Purchase price of condo $130,000Down payment $30,000M...
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I'm in discussions with a sellers agent now getting some of the loan info of the seller. The seller has a house listed for $270,000. She has a balance on her loan of "about" $187,000According to the information the ag...
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Hi BP brains,I'm 99% sure I want to release the equity in my condo i rent out to free-up cash to buy some turnkey SFHs or a MF. It used to be our home so fell into landlording. It's close by, we manage ourselves and t...
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Hi all, I was hoping I could ask for some advice here. When I first started real estate investing, my mentor told me that I don't have to worry about creating an LLC to start since it'll eat into my cashflow. Howeve...
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Would you recommend putting your current home for rent (Interest rate is at 2.9%) to get some cash flow and buy something more expensive at the current interest rate to start on real estate?
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I'm looking for my first house and plan on renting out the extra bedroom part of the time - airbnb or traveling medical professionals mainly. Should I consider setting up an LLC and titling the property in its name? T...
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This will be my first home purchase. It is a duplex that I intend to own long term as primary residence and rental. My parents want to gift my $5,000 towards the house and want to know how it will be most beneficial t...
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Got a new tenant and moved in on the 1st. They have gas heat and hot water. I called UGI, the gas company and they did not put the gas in there name yet. I called my tenant and they said UGI needs a duplicate of the...
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Hi, we're partnering with our daughter and son in law on a cash deal. They've never bought real estate and want to some day buy a primary home and are concerned putting their names on investment properties will hurt ...