I am doing a cashout refi of an existing SFR and will be using the cash to purchase 1-2 new rental properties. I plan on buying via a mortgage with 25% down, renovating, and renting. I'm considering doing a refi on 1...
Is this a good idea? Typically, this is someone who may not have the capital themselves to purchase a property, but has an end buyer lined up ready to purchase the home from them.
I'm new to the investment game, and ...
We own a mobile home park in Nevada that we are selling ($320k). We have had a number of buyers that are interested but can't get financing due to the fact that we only have one year of rent rolls. Most lenders seem t...
Hello everyone I am a buy & hold investor located in New York and wanted to get some other landlords / buy & hold investors opinion on when purchasing a vacant sfr property do you install a home alarm syste...
Hey Guys,
How would you go about a choosing a strategy for REI?
I am a investor that wants to net $10,000 mnth/ create passive income to live off of. However, i know that it takes TIME & PATIENCE.
In the mean w...
Hello, BP! I have a question, looking to buy my first house and I already got pre approved and found a potential deal I plan to make this home my primary residence, so I can put down 5%. The problem is I’ve found a of...
I had recently bought a home in the San Jose area with the intent of demolishing it and building a new house there. During the time taken to get the permits, roughly 9 months ( May 2021), I was planning to rent out th...
My husband and I recently stumbled upon a duplex (2br, 1b) and (1br, 1b) for 109k. The duplex is in a great area and is currently rented out on both sides (650/550month respectively) with leases ending in Jan. Our pla...
A friend of a friend is a tax deed investor. He has 2 houses for sale. 35K each, with ARV's of 100K. One has 2 years left, the other has 9 months left, before he can seek a quite title. We are current buying with a l...
Hey guys,
I'm currently finishing up renovations on my first apartment complex (A 5-unit property). I'm looking to cash out refinance based on the new NOI. In order to get the maximum value, do they appraise based on...