Garnett Broy
Buy & Hold in Milwaukee
Hi BP Members,
My name is Garnett and I’m a newbie buy and hold investor looking to get started. I initial wanted to house hack and buy a multifamily here in Chicago in the Wicker Park/Logan/Bucktown areas, but af...
Aaron Einfrank
Offering Seller Financing without owning free-and-clear
I would like to get some feedback on the following scenario:
I acquire a property “subject-to†with a retail value of 200,000 for the balance of the existing mortgage which is 160,000 and has a payment of $933 pe...
Dustyn P.
Starting out and need advise on current situation
We purchased a house back in 2017 for 140k that is now worth approximately 265k. Current payment on it is around 900 with about a 4% interest rate. The expected rent is 1,600/ month. We purchased another house and a...
David L.
Options for risk averse VA parent?
TLDR; VA Dad wants money during his retirement. He just wants the cash and for me to burden the means of getting it, lol. Any way to do that?So my father is approaching his 70s and is a veteran. He has no debt and ...
Adam Rogalski
How should I finance a 10-unit apartment development?
I am looking for creative ways to finance a small apartment development in Michigan. The total project budget is approx. $2.5M. I own the land and it is valued at $150k. Local bank financing would require an additi...
Jason H.
Too many credit inquiries?
I have my primary property and a rental property. I am currently gearing up to purchase a second rental property. I also want to refinance my rental to drop PMI and catch a better route. As well as refinance my primar...
Regina Abayev
Minimizing Currency Conversion Costs
Any advice on how to minimize any costs associated with foreign investors sending cash to the US for RE investing? I know that using dollar denominated accounts abroad is useful, but what are other options given the l...
Brent B.
Tax Planning for New Landlord
Hi BP,I began renting my previous single family residence in San Diego CA earlier this year, in May 2019, when I bought my new primary residence in San Diego. I have not set up any type of corporate entity, rental pa...
Blake Morris
Hard Money Lenders - Whats the repayment like? and how to refinance to pay them off?
All,
When getting a loan from a hard money lender I have some questions. First, let me apologize if this can be found on a past forum discussion.
When you get a loan from a hard money lender what is th...
Joey Isidore
Down payment Assistance on second property
Hello all, Are there any down payment assistance programs for investment buyers? I am in the process of trying to purchase a second property as a investment multi-family home, I currently have one multi family that I ...