Elle G.
Looking to make my first investment - would most likely need to be out of state
Any advice as to where in the US to make the most out of an investment property purchase for under $180k? Or is this an unrealistic amount? And it would be best to find a "team" to include for helping find tenants ...
Richard Huizar
Construction Loan to Finish Coastal Home
Investment Info:
Single-family residence private money loan investment in Seattle.
Cash invested: $785,000
Borrower invested over 1m in the land and construction of this Coastal home. Needed funds to ...
Michael McCoy
Need a lender/broker to do a Cash Out Refi
My rental in Garfield Heights Cleveland just appraised for $63,500 and I owe $24,000. I want to do a cash out refi. Can you help?
Thanks,
Mike
Emeka Attoh
Third property Out of state
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $43,000
Cash invested: $55,000
The property was cheap. However, it needed extensive repairs when increased the cash...
Hunter Ross
BRRRR & Refi Dollars
I’m sure most of you have seen the recent article about the BRRRR method. In case you didn’t this is the article I’m referring to:https://www.biggerpockets.com/renewsblog/40000-brrrr-real-estate-investment/?utm_sourc...
Lloyd Stein
Cost of loan vs BRRR
I'm a newbie and the other day I was on the phone with a mortgage broker and when I asked him about rehabbing and refinancing he told me it wasn't a smart move. He said the cost of the refi might end up eating up any ...
Jack Wyatt
How much reserves should I have on a property?
I did my first deal last year. I bought a rooming house. 13 bed 7 baths. It's a lot of work and randomly there are late-night calls but I cash flow around $4000 a month. It's an old house with its share of problems. H...
Cornelius Mixon
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.I'm active duty military looking to purchase my first duplex. I plan on living in one uni...
Mark Weinberg
Refinancing a Hard Money Loan
I would like to know about refinancing a Hard Money Loan on a buy and hold property. My questions are:1. If I put a down payment on the hard money loan, do I have to have a down payment for a refinancing?2. Can I ...
Kirby Allen
How do you insure your rentals? Cash value or loan value?
Closing on your first two rental properties today and having questions about the insurance. Our agent is quoting one house with a cash value of 55k and the second with a cash value of 45k. We have 41k in the deal. H...