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Hi everyone!I’m debating on getting my first rental property under my own name or partnering up with my sister. Now I don’t mind having a partner but my question is this- I have heard Brandon Turner saying numerous ti...
Investment Info:
Single-family residence buy & hold investment in Longmont.
Purchase price: $612,000
Cash invested: $36,000
After my first home purchase went so well, I decided to attempt the sam...
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Hello everyone,
My wife and I own a mutli-family home and purchased it in February 2022 for 495,000. We put 5% down using an FHA loan and currently have an outstanding balance of 450,063.
We have a PMI payment of ab...
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I've been posting a lot through my beginnings in REI and I'm trying to firgure out what the best course of action is at this point. I have two investors that are willing to invest in me but want to see a plan. The iss...
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Hello,Wanted to get the opinion of some of the more experience landlords. I have a couple that just recently moved into one of my properties here in Texas. Their income is 5x the rent. Credit scores and background ch...
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I'd like to move some rental properties that are currently held in my name into my LLC for liability protection. These props. have mortgages which, of course, have "due on transfer" clauses.
I'm guessing that the ...
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I am doing my 2nd cash out refi on a rental house, and the bank is telling me I have to pay $450 rate lock fee, which I said I don’t want if there is a fee with it. They claim this fee has to be charged whether I wan...
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Numbers Do Not Tell the Whole Story
Simply relying on “the numbers” can get you in a lot of trouble. There is always much more to the whole story. Do not neglect target market, neighborhood, and local employment/empl...
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which would you pick? I'm starting to think the best way to build future wealth is investing in better markets at Lower short term yields and high appreciation (nyc, LA etc..) Rather than aiming for deals showing 20 p...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Chicago Heights.
After a few years of research, running the numbers, backing out of a few deals based on inspections (nerves about ...