I own two properties free and clear, with a total value of $750,000. I live in one and rent out the other. I’ve been turned down for a HELOC by three different lenders (Penfed, US Bank, and Wells Fargo) all because ...
Looks like my 1st property will be an FHA owner-occ quadplex. I've heard time and time again that there's no need to hire out property management for this small multifamily. What I'm unsure of is how I would handle ...
Hi All, I am considering buying a rental property. After all, deductions, what percent of cashflow is worth going through all hassle.
There is a lot of information out here on how to become a wholesaler, but I can't see as much for people who want to buy and hold properties at the best price. Would I be correct in saying the following?A wholesaler w...
Hello!I will start by saying that my goal is to have enough cash flow to support my family if I didn't have a job. To do this, I obviously want to purchase more properties, but also make the correct investments in m...
Here is your scenario – Your financial standing is as follows:
$80,000 in cash savings$70,000 household salary (will be $100k+ in 3-5yrs)$20,000 debt (school, cc and medical)$0 assets You are married with no ...
Hello everyone,I've been deliberating whether to purchase a vacation home, with the intention to run it as a short term rental preferably within 2-5 hours from Los Angeles where I live. I can not identify a vacation ...
Southern California newbie looking for cashflow, specifically in multifamily deals in the Midwest (I've been browsing Ohio, Missouri, Indiana, and Kansas).Although new, I feel drawn to multifamilies >5 units. I hav...
Hi BP Forum Members, I'm a first time home buyer. I found a loan officer I really like and he recommended a realtor. I haven't really had time to speak with the realtor but I was wondering what his responsibility is...
As we approach a seasonally slower period for investors and real estate professionals, I thought I'd share some insight into the Oregon Coast Vacation Rental Market; permitting, performance and what to look out for in...