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Ok. I have a HELOC of $200k I'm having a hard time figuring out how to start and scale. There is only 2 ways I can think of to make it work. 1. Buy property outright and just pay the HELOC off slowly. 2. Is put a down...
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Hey there, BP! I'm house hacking my SFH in Walnut Creek, CA. I live in the attached ADU above the garage, which has a private entrance. The main house where my tenants live also has a private entrance. Currently split...
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The opportunity has recently come up to purchase a turnkey off-market duplex in a midwestern city for $560k. Assuming 25% down ($140k), my estimate is that this would cash-flow ~$13.5k per year.
While I can afford to...
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Military Investors - I've been reflecting a lot lately on what has helped me grow the most over the last couple of years and the one thing I keep coming back to is the people. Jim Rohn's quote (in the title) is spot o...
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What do you have to do or need to become a real estate agent in Texas and can you do it online?
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Hey everyone!I am an experienced real estate agent but rookie landlord for reference.I just got my first tenant off Furnished Finder! Woohoo! I am getting the lease together now. What other items do I need? Assuming...
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I'm about to sign a contract on a 4 family in upstate NY. The price is $170K and I'm using an FHA 203K with 3.5% down. Here is the math: Rents $37,200.00 Mortgage $11,748.00 Vac...
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Hello BP members, I am planing to invest in multi unit in those cities and would love to talk to property managers or investors about them.
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I am 23 years old and have been working with a carpenter learning the trade through remodels on bathrooms, kitchens and exteriors/decks for the past couple years. I enjoy the work and learning skills but getting in to...
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I understand that IRA loans need to be non-recourse. I talked to a commerical RE lender who does the Freddie Mac Commercial loans and his sample loan doc has the following language:Non-recourse to Borrower and Guarant...