Jacob Heckford
Multi- Family - Pointer?!?
Looking for Pointers on Multi Family "Dos and Don'ts"?!?
My business partner and I are in the process of closing on a 16 unit apartment complex. I believe that the biggest problem with this property is the potential ...
Bobby Clair
Dependence of Commercial Loan on existing Residential Mortgages
I was considering taking a commercial mortgage 6 months down the line. Right now I am eligible to take up a residential mortgage, where in I will be putting a 25% down payment. This can either be a primary residence o...
Travis Beehler
Finally! Got closed on my second deal!
Hey all!I've been in the middle of a 4 SFH deal for months now, dealing with multiple banks, more crap than I care to remember, etc, etc. I cared about this deal because after it's all said and done, for my $32,000 +...
Carrie Westover
20% down AND reserves, where to get it when starting out?
Hello!
the old adage, "you need money to make money" is coming true as I am gearing up to look at properties and begin my investment journey. My strategy is buy and hold for longterm SFR rentals. I currently ...
Matt I.
Managing Debt & Reserves
To maintain a credit card balance and build cash reserves, or keep my $ cash low while aggressively paying down debt?My goal for this year is to save $$ and build a healthy cash reserve. For years I've been in the hab...
Thomas Alexander
FHA Duplex w/ Cosigner
I am finding a lot of conflicting information online and was hoping for some advice. I am looking at a duplex that I want to purchase using a FHA loan and my mother as a cosigner. I was told that since it is a multifa...
Sandy Keller
How to have the guts and $ to start
I am looking at a duplex in northwest GA just a little south of Chattanooga, TNI would need about $55 down. I have 20K from savings from an on line business that I will need to get out of and find a new way to bring ...
Robert Curls
Tough Decisions on Capex
Hello BP Community. I'd love to get your oppinion. One of my rentals (in the Tampa area) recently had a compressor go out on the AC unit. I've owned this property for ten years, it was formerly my personal residenc...
Brian Leigh
Converting Primary Residence into 1st Rental Property (DelCo PA)
Hi Everyone! I am seeking your input on a situation I am currently facing in regards to making my primary residence into my first rental property. Any help is appreciated! Background: The house is located in Brookhave...
David Lind
Seller Finance Deal in Minneapolis
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $260,000
Cash invested: $15,000
Deal was brought to me as a seller finance deal. 6 Bed 2 Bath in the Jordan neighbo...