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When it comes to lowering mortgage payments and increasing your cash flow on an existing investment property, chances are you’re probably thinking about refinancing your loan and getting yourself into a brand new 30 y...
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Hi everyone, Needs some thoughts here.
I am currently placing offers on properties right now. I have a sizeable amount of cash on hand ( 200K) and 450K loan that I will be using to spread over a few multifamily prop...
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Greeting to all! My husband and I have been listening to the podcast for a while and it leads me here! We are excited to start investing in rental properties in Indianapolis area. We are targeting single family houses...
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Hi all, I am struggling with the analysis on this one. I am looking at purchasing 3 multi families from the same owner. The only way the deal will work is if I purchase all 3. My biggest concern is that two of the pro...
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Hello all,I've been analyzing several deals for small multi family homes and I took a suggestion from a blog post I found for estimating CapEx. The blog suggested putting aside $200 for capital expenditures, which I'v...
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so I have a buyer for my house at 58,5000. They want a seller concession but not sure what that changes for me?Buyers agent sent me a message ( thru my agent) which says"buyers will roll maximum 6 percent into loan fo...
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I just got a contract for nice duplex that rents for $600 each side and is only $34k. I have $10k which I was planning to use for a down payment but my bank who originally gave me a preapproval of $45k since that is t...
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I have a property that is worth about $465,000. I bought it in 2003 for $250,00 with the proceeds of my deceased mother's property that I sold. I thought I could 1031 it for the current value minus the amount I bought...
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I started out with $100000 and was able to purchase three properties and renovate one of them but i am now unable to find a bank that will lend me my cash back to reinvest it to purchase more what are some ideas on wh...
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Hello everyone!I'm beginning to scale my rental portfolio and using funds from a HELOC to cover cash to close on my properties. I was using HELOC payment calculators online to gauge the cost of the cash to close per p...