Jonathan Ruiz
Is it wrong to go BIG for first deal??
I have the funds up to $200k. Been loOking up to $1M multi family apartments for a first deal!! Seems more attractive to me than buying a few SFH. Am I biting off more than I can chew for first deal?! Please any advic...
Donnie N.
Question/Advise: financing/funding options
Hi,I’m still relatively new to REI. I looking for some advise/opinions on financing/funding for my next deal. I’m looking to grow my portfolio. Some base info:1) I own 3 SFH in the midwest. (~$45k-$50k each)2) I’m an...
Tyson Sicat
17 and want to prepare to get my first rental property
Hello my name is Tyson and I turn 18 in May. My main goal for when I am 18 is to obtain my first rental property and house hack. As of right now I work as a social media manager and saving every penny so I can use it ...
Jordan Theisen
Banking for Investment Property
Hi all,Recently I closed on my first investment property in the twin cities area of Minnesota where I'm also using it to house hack. I'm wondering how to go about setting up a new bank account for the property to keep...
Bryan Boulware
Fannie Mae Homestyle Renovation Mortgage vs 203K
Hello, Has anyone dealt with the Fannie Mae Homestyle revocation mortgage? if so could you provide more information on the loan? Also how does it contrast from a traditional 203K loan? How was the overall experience u...
Angelo Llamas
Taxes on a new rental
Recently bought a rental that I am living in and will start to renting it out early next year. I’ve done my calculations and have seen that I will be breaking even with this investment day one. On a rental that’s not ...
Nick Zias
Choosing the right path
Hi All,
If your main goal is to invest in rental properties and retire from the corporate world in the next 5-10 years would you choose a job that pays more, is more stressful, longer hours and more one dimensional o...
Kaylee Shrammy
JP Morgan Chase REO help
Hi everyone,I'm just posting here to get some ideas. We put an offer in on a REO property owned by JP Morgan Chase, then we heard back from the bank saying to put in our "best and final offer". It was listed on the M...
Karen F.
garage storage tenant stopped paying rent, what to do?
We have a garage in back of a multi. It's been rented for at least a couple of years in an oral agreement with someone who is not our tenant, for storage of his things. He's now almost 3 months behind in the rent, k...
Rachel Syphers
Refinancing Question
We are looking at buying an undervalued income property with cash. My question is, can we refinance and pull out the money we initially invested? If so what percent of equity should be left in the house and how long c...