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I am new investor. I have a 3/1 worth 45k. I have a 4/2.5 worth 118k both have tenants. I also have a 3/1 worth 75k and a 3/1.5 worth 130k that are just coming on the market for tenants. Trying to get a 70% cash out. ...
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i am trying to better understand how people get cash flow from the rental properties they use. Is it the way a property is financed that creates the cash flow or does it just have to do with the price you paid for the...
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I have been looking for a duplex to purchase. Im a Canadian investing in the Us. Due to this my financing options are limited. I have had a hard time finding the right multifamily property at the right price. The mark...
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Hello, I have a single family home in Foster City CA. Market approximately $2.1 and I owe $900k. I want to sell it and buy a multi family for the same. Objective is to is to increase cash flow. Is it a good move? If ...
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Here is what I was thinking:
1) Buy rental properties under an LLC in cash to get the best deal with quick cash closes.
2) Perform any needed repairs and install tenants
3) Get a business loan (personally guaranteed)...
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Hello BP, I’ve got a new guy question that I just want to check my mindset on.Obviously the name of the game in buy and hold is cash flow. So, when I’m evaluating deals, especially my first few, how much emphasis do y...
I own a 4 unit apartment building worth about 420000. I currently owe 320000 on it. My house is paid for and worthabout 200000. I live in suburb of Chicago. Im thinking about cash out loan on house and invest in real...
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So long story short I purchased a 2 family in nyc in 2015 I owe 399 on it mortage is 2800 p/m but I bought it with fha loan so I am paying PMI. My realtor did a comp search and says the home is worth about 730 with th...
Hi All,
I am new to BP. Purchased two rentals last year that have great equity in them. One is completely paid off and the other is 70% paid off.
I have contacted Wells Fargo for HELOCS on these properties but was ...
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I'm just starting out as a wholesaler and I'm looking for a way to build my buyers list. I'm pretty sure there are a lot of people in the Milwaukee market that have been through this and have gotten over this hump. I ...