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Hello Everyone,I’m scheduled to close on the sale of my single family rental the first week in May, and will have ~$250k in equity to roll-over into one or more replacement properties.I’d really like to hear other mem...
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Hi,I have a not-completely-hypothetical example for advice.Would you rather purchase a single family at $50k which will need $20k of repair to rent at 900/month, or a converted house that is currently in ok shape, wit...
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I am about to close on my second income property in about a week or so. the first IP that i have is under my name; when is the right time to open an LLC and have all properties under it??What advantages are there to h...
Hey Guys,I just wanted to say how grateful I am for this website and all of the information on it. I have all ready been making some good connections, and meeting some very nice folks who are beyond helpful. If anyone...
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In your experience, which would you choose and which has had better success?A) Finding a great deal first, locking it down, and then find the funding on the great deal. Or...B) Secure funding first, with general terms...
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Hello BP, So about a year ago I had a licensed and insured plumber install a shower in my basement, making the half bath into a full. I was clueless about permits at the time but now I have confirmed that one was neve...
Hello, first time poster here. I recently purchased a property that had suffered from a fire in December of 2015 in Killeen, Texas. The property has been vacant and almost entirely untouched until January when I purch...
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Hello. I’m considering a property, and want to understand what all is impacted by the decision to str vs ltr it. - I’d buy cash and plan to cash out refi soon after. Will rates or LTV limits differ if I decide to ...
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Soon I will be pulling the trigger on my first investment property, most likely a 2-4 unit home. Is it more advantageous to finance with a 20% downpayment with savings via conventional loan, an FHA loan, using a heloc...
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Hello everyone, recently my father has been looking at properties to buy and rent out, he has rejected various opportunities from people i know, because of the location. I understand that location is important but if ...