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I currently own my home in California and purchased our first rental property in Alabama a couple of months ago.
We are planning on leaving California in July of 2024 as the cost of leaving here is getting crazy and...
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Hi all. Trying to put my financing ready. I have a primary home that has a lot of equity. Planning to use HELOC to buy cash for a property. What are some of the exit strategies to transition to long term loan? Appreci...
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I live in a Triplex that I own on a portfolio loan that I put 20% down on. My mortgage is $800 a month. My insurance is $1200 a year. I owe $95k on the property and it is worth $150,000.Unit 1 rents for -$550Unit 2 re...
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I am new here and want to hear some opinionsMy goal is 100 rentals single family homes in 10 years looking at a 8-10% ROI after factoring in a 40% cost factor (vacancies, repairs, etc) My example is (12 months of a 12...
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I am currently attempting to refinancing one of my flips that I have decided to make my primary residence. I originally bought it with private money for 80 and borrowed another 80 for the remodel for a total of 160 + ...
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I remember hearing on a couple episodes of the BP Podcast about some program (I think it was something government-sponsored if I remember correctly) where you can cash-out refi after just 30 days on a rental, with the...
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I am starting to accumulate enough units where if they are all paid off I could "retire" and be more than comfortable. I would love to hear some stories of one the following:1. Their strategy to keep accumulating eno...
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Hello,I wanted to run the numbers on my first deal to get the thoughts of any experienced out there. My long term goal is to become an advanced real estate investor holding property cash flowing a month at least 10k ...
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I am about to initiate an i401k and have put in an inquiry with my preferred CU as to whether they can (or actually whether THEY think they can) handle the checking account for it. The assets are currently in an old 4...
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Hey everyone!I’m in the process of completing my first cash out refinance and I would just like some advice. I have two options at my disposal. I owe 120k and my property was appraised for 270k. My first option is a 7...