Here’s my situation.Montgomery AlabamaPurchased my first property for $107k with the intention to rent it out eventually. Used my VA loan and zero % down to make it happen. This was also the first house I’ve ever boug...
We have $100,000 savings in the bank. We found an amazing and unique $500,000 house with 5,000 taxes. We can put 10% down and with closing costs spend about $75,000. We will easily spend the remaining $25,000 in misc ...
In an attempt to make this short i'll give the facts first. I'd like yalls opinion on this since you're much more knowledgeable than I am. I'd like to get into buying rental investments in my area. I'd like the pri...
Hi All,A newbie here just beginning to wrestle with a lot of these concepts. I've got a deal analysis question about a buy-and-hold rental property. I'm practicing Brandon's "Four square" method on a bunch of differen...
I currently have 7 properties with individual commercial loans on them totaling $192k. They are all 1-2 years into the loans.
5.5% variable
10 year amortization
5 year balloons.
I have b...
I've recently reached my savings goal and am ready to purchase a property in the near future. I currently have funds saved up for a 5% down payment, closing costs, and some small repairs right out of the gate. These a...
Hello,Lately I got intrigued by the velocity banking videos on the YouTube and interested to hear if anyone had major success with this strategy. I got particularly interested with the strategy of replacing your entir...
Long story short, I have one gifted child (2nd grade), one "inclusion class" child (1st grade) and two more that will enter school in the next 3 yrs. Although we live in an excellent school district, its very large an...
I presently have a portfolio of 25 doors. A mix of sfr, quadplexes, and one 3-unit office building. I’m pretty highly leveraged at the moment. Roughly 80% across the entire portfolio. I have a decent w-2 job, low 6 fi...
Hi guys im trying to payoff my moms house with a heloc from my primary residence. How do i go about doing this. Is there going to be tax implications and whats the best strategy. Tax wise and investing wise Thanksshou...