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Hello all. I just have a quick question. I currently have a property worth $124k and the current principal owed is about $58k. The current mortgage is about $600/mo @ 6.8% and the rent is $725/mo. Would it be a be...
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I have 2 questions here. I am trying to buy rental properties as fast as I can afford to. I have 3 already with not much equity in each. I am pre-approved for another 110,000 on a new building which I have yet to f...
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I'm curious to take a quick poll... which is more important to you as an investor... cash flow for long term genernational wealth or equity that you cash out right away?
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Hi All,
"Locating Cash Flowing Property" is the name of the game, wouldn't you agree? My reality for the last 5 years has been that I've lived in a area that is not good for cash flowing property, and I guess I am k...
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Very often I read about people getting the ball rolling without having much cash on-hand. A good friend of mine just did this. He just bought his first place to flip and he did it with no income varification and ver...
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I am a first time real estate buyer and am looking to get a duplex to start out with. It would be located in California, and i found a nice duplex for around $350K. I was thinking to just pay cash for it, to avoid ...
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Hello BP,
I have an investing dilemma. I have only one investment property, a rental which I own outright, but I would like to expand my real estate portfolio . Does it make sense to pull money out with a 70%...
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Might anybody venture an estimate on this? . . .
1) a 60 year old house in dated but reasonably good condition is purchased for 75K
2) the insurance agent's system determines that the correct replacemen...
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I recently came across a deal that turned out to be owned by a wholesaler. The two options he gave me for financing were $29k cash or seller financing. The specifics on seller financing have yet to be determined. O...
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I have a rental property that I paid cash for. Now that the rehab is done and I have a tenant, I'm looking to finance it. I've been talking to an affiliate of Wells-Fargo. The good faith she sent me shows $0 originati...