I bought my condo 18 years ago for 170,000. It's worth about 270,000 now. I have 43,000 mortgage left. I can rent it out for about 1,600/month. My mortgage and interest is 680/month and taxes are 400/month. There...
I have a rental (market value close to 400K) with 100k mortgage left. I don't want to sell it right now, but want to get some cash out of it. Can I do cash out refinance on this? Is there any tax problem now or when I...
So I am new to RE investing. After 6 months of work I got two properties under contract within 2 weeks of each other. I can only do 1 right now, so I had a buyer for the second. He just told me he had a health issue c...
So i've worked myself in to a bit of a hole. Or maybe not? Decided to take a year off and take on the role of daddy daycare. I left my W-2 employment behind and didn't secure a LOC or Cash Equity Refi in my properti...
Hi Senior Landlord of BP,I would like to PDCA my screening process to be more cost effective. In the past, for any qualified tenant candidate, I would send him/her through credit report, criminal, and background check...
Hi Everyone,I have an investment property that I own currently. The house is appraised to approximately about 340,000 and I have a loan of about $220,000 left. I have been encountering difficulties with cashout/Helocs...
New investor that is still learning the market. Have spoken to a couple of brokers and agents. Started looking at small multifamily properties and analyzing numbers for potential leads. Would love to get feedback or g...
I have a duplex under contract I would like to get your opinion on itBrick duplex 2 bedroom 1 bath each unit. Each side rents for $600 purchase price at $130,000 monthly payments will be $980 includes insurance and ta...
Hello Everyone,
My names Michael Bean, and I'm a 20 year old aspiring real estate investor. I work as a waiter, and am a firefighter/EMT finishing up Paramedic school (6 months left). I currently owe about 8k more on...
Sell or no? What’s your opinion?
Appraised at 295k
Owe 175k mortgage
Rents for $1950
Cashflow $300
Was former primary 1 year ago, so I assume no capital gains tax? (May be wrong here)
Considering selling for ca...