After I've owned my first rental for a year, I hope to cash-out refinance the property (rental not purchased yet; still in analysis phase).But I recently (read online) that cash-out refi's are difficult for the self-e...
Investment Info:
Single-family residence fix & flip investment in Concord.
Purchase price: $116,000
Cash invested: $95,000
Sale price: $299,990
This was one of the toughest projects I've done...
Hi everyone,I put out a postcard mailing a week ago and the calls are flooding in and frankly I"m a bit panicked! I only sent out 500 postcards and I've received 5 calls in the first 2 days. 10% response rate is gr...
Hi everyone -My husband and I own a multi-family property in the vibrant cultural district in Ft Worth, Tx. It consists of a front unit which is an upgraded 1930s bungalow. The back unit is a converted garage with a...
I am researching and thinking about doing a FHA 203k loan when I buy my first property. I am just getting started, so it appeals to me in the fact that I could get into a home for 3.5% down and also be able to look at...
I'm considering when I might move to full time real estate investing, with my primary income as rental income. Will banks give a mortgage on a primary residence for myself based only on rental income? Do I need a long...
Hello everyoneI have been investing in multi-family rentals for few years now, and doing well. However, the inflation, rising interest rate, and expected recession are confusing me about investment strategies and deci...
Hello everyone,I just wanted to share some of the difficulties I am encountering in obtaining home insurance estimates. I've e-mailed about 10 different insurance agents last Sunday and only 1 got back to me. She prom...
Hello everyone, I need some advice on how to handle a situation involving a potential property I'd like to buy and hold in the Tulsa area.The price of the home is relatively low for the cul-de-sac in which it is locat...
My fiance and I are trying to purchase our first home and get in the REI game. We have been on the "funding/financial" step for a solid 3 months now, trying to figure out what we can afford. Our expectation is to do a...