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I own about 50 acres that could be developed in central Texas. It is in city limits and a couple thousand feet from a large mobile home park. Some run-down double-wides there rent for $1400/month.The immediate neighbo...
Looking into refinancing some of my units. Should I consider a blanket loan that wraps them all together or keep them separate for accelerated pay off schemes? Thank you in advance for any quality advise.
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How does the structure of private lending work exactly? Is it money from friends, family, and everyday average Joe investors? Is it simply just an I.O.U. and keeping track yourself of who you owe money or does it stil...
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In general, which bank give you better interest rates?
If the cash out comes from my investment property, and I take the cash to buy the 2nd investment property. Does the interest deductible?
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Hi all,I just had the thought to purchase some land out in the woods and build my own personal home on it in 2-3 years when I've saved up enough and had plans drawn. Does anyone know about land deals? I spoke to a ban...
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Can you sell a note if you own a property free and clear? Sorry for the newb question, but there is a lot of terminology in this sub-forum that I don't understand.
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Hi everybody,
I’m closing in a week on a house and today I spoke with my banker who said something which left me scratching my head.
First, I’m buying the property well below its value. The purchase ...
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Hi All. I currently own 2 SFHs outright (no debt and both in my LLC) and wish to purchase a 3rd. I have $50K but would need about $85K for the 3rd home. I don't want to do a traditional mortgage since the amount is ...
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Hello biggerpockets members. I'm relatively new to the site and have been passively reading on the REI business for a few months now. Obviously I have tons of question and I am sure some of them may be out there. I've...