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Later this year I will pay off my first investment property - a duplex that brings in ~$1,100 p/mo and has a market value of ~$120K. The property is located in a solid area of Charlotte, NC.
Knowing I want to pul...
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This may be more of a "in theory" question but if borrow all of the downpayment and the owners carry the rest, is that considered a 100% leveraged deal? TONS OF RISK? Or do you guys see it has a 45% leveraged deal?T...
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I am a Regional Property Manager looking to purchase my own Apartment Building. What are the funding requirements when purchasing a multifamily unit?
Hello,
Background:
-I own a duplex in Florida that I purchased for 65k cash, so the property is free and clear. I have owned it for 6 months in the name of my LLC.
-I am thinking down the road about slowly adding m...
Ok my BP gurus,
Here is my situation. I am looking to expand my real estate portfolio. I currently own 4 properties valuing around 500k-560k. 3 properties are fully paid off the other is at 50% LTV.
Loo...
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Hi there friends, this is my first ever post on this nice community I've been around reading for a while.I'm from Argentina and I'am 30 years old.I purchased my first 2 rental properties (condos) back in 2012 cash in ...
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Property Value: 375kRehab: 125kARV: 625kMy partner and I currently own an investment property outright in our LLC and I am looking for ways to finance the rehab. I have the cash to be able to cover the rehab but would...
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I have a business that I make good money with plus a 401K I can pledge as collateral. On the other hand, my Houston real estate business is new with no tract record or financials. Would it be unethical for me to get a...
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We currently have the deed to a property that we need to rehab. The conversation starts with finding the 25k for the Reno. This will be the first time, for us, using another type of funding that isn't our own cash. We...
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I own a property that is paid off and has a value around 160k and has a cashflow if about $600/month.
My goal is to increase my monthly cashflow by leveraging that property. So far the ways that I thought of were th...