Hi guys,I'm just wondering how one would go about with medical insurance, if you have quit your job to go into '"passive income" jobs full time?Would you have to get new insurance? To rephrase, if you've left your 9-5...
Hi! I'm a newbie who found a home where I developed a relationship with the home owner. The home needs extensive rehab and the comps in the area have excellent returns even after rehab. However, my challenge that k...
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I will try to keep this as brief as possible : Partner and I purchased 2 rental properties in Florida with cash under one LLC (lets call this LLC 1).Now looking to do a cash out refinance and having trouble for a mult...
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I've been getting the advice that putting 20% down, when available, is a smarter choice than putting 25% down, all in the context of rental property purchases. The reasoning seems to be that a) 20% down keeps more cas...
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Hi BP community!My mortgage banker suggests that apply for a HELOC on my private house and use those funds for a down payment on a rental property (2-4 units) my goal is cash flow of 10% and appreciation with the reha...
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So I have been very busy this year (my first year) and have acquired a few investment properties, and a few more are in works...If this continues, and I expect it to be the case, I shall exhaust my conventional 10 loa...
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Has anyone else noticed that it seems that the people who have the least understanding of money, investing, and profit and loss are bankers???Seriously though, we own 17 rental units; a five plex, a four plex and a ho...
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Hi! Currently about to close on a multi unit at 228K. Profits will be at around $100K. Would like some feedback/opinions on what strategy to go with next and pros and cons of 1031 exchange.PROS:we won't be paying th...
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Hello, I’m new to real estate investing and I’m looking to make my first purchase sometime at the beginning of the new year coming up. Im pretty self educated and have read loads of forums and books and watched hours ...
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I am looking to buy my first rental property in the next 0 to 3 months. There’s a great market here for houses in the $60,000 range. I’ve run all the numbers through the calculator and I think I can be $300 cash flow ...