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Results (2391)
Chris McDonald Buy 2nd Rental or Pay off 1st?
17 July 2017 | 11 replies

I recently purchased my first rental property (Duplex) for $65,000. I had to put 25% down for a 30 year mortgage so I still owe just under $49,000. I do have an investment mortgage on this property because I do not li...

Jennifer Clancy My story
21 July 2014 | 18 replies

Hello!  My name is Jennifer Clancy and this is my newbie story.  My husband and I became accidental landlords in August 2013, we had the opportunity to live in Australia and we took it.  We did not want to pay a mortg...

Jared Reutter Our experience with a 203k
25 August 2017 | 14 replies

Our experience with a 203k loan:

Stephanie came across this triplex on Zillow just searching and saw this triplex that had been listed on the market for quite some time. The price was reduced several times over the y...

Craig S. Factoring in downpayment on 50% Rule, first deal!
9 February 2020 | 20 replies

Hello,

I am getting all the numbers gathered for my first deal, rough total purchase price to be about $110,000 on a duplex. I will need to make some repairs to the foundation and replace the carpet in the entire hou...

Matt J. Did You Have Your Loan Called Due After Quit-claiming to LLC?
1 February 2021 | 22 replies

Owning properties in my personal name makes me a little nervous, but the financing terms are just so much better with residential financing for single family than commercial. 
Anyone on here, have you actually had yo...

Jimmy Lin Cash out refinance for LLC owned property
26 May 2023 | 38 replies

Hello BP.  I would like some advice on securing loans in the name of a LLC.  I currently hold a property in Philadelphia.  Property is owned outright in a LLC, valued around 180k and occupied with a paying tenant.  I ...

Ryan Monty How to factor in existing tenants when analyzing BRRRR candidates
21 July 2021 | 23 replies

Hi all - I'm trying to get started with my first BRRRR project and I'm running into the issue of existing tenants.  When I hear most people talk about BRRRR, it seems like they're maybe talking about vacant properties...

Carlos Silva When do Rental Prices fall
8 January 2023 | 40 replies

Do rental rates usually fall when interest rates increase and home values decrease?