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Scenario You own a home mortgage free that has 300k equity At 80% you get a HELOC for 240,000If you use 100k to start with, purchase property, fix, etc... ARV do you pay off HELOC or reinvestAlso, based on say 2.8-3.5...
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I'm looking for investment properties and I keep coming across townhomes and houses near a college campus. I'm sure it's easy to place tenants with the school being so close, but I keep thinking back to how dumb I wa...
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Hello, everyone! If you've ever owned your first rental property, I'd love to hear about your experience, whether it was positive or challenging. Please Share your insights and stories here.
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Investment Info:
Other buy & hold investment in Flint.
Purchase price: $39,000
Cash invested: $2,500
As my first experience in purchasing rental properties, getting this grouping of 3 was quite d...
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An $800k house with 20% down, 7.5% interest + taxes($8000)+insurance($1800) will have about $5,200 monthly payment, $5,800 if 10% down payment. Is there demand for $4,500+ rentals in your market? What is the profile o...
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Hey guys! My name is Matthew Estes. I am currently exploring purchasing a vacation rental as a second home in Southern Florida, both as a vacation home as well as a short-term rental investment. I have experience inve...
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Making contact for the first time here on BP. Looking forward to receiving direction and insight from a vast and amazing resource. I have had a rental property for a short period here in CT and have sold it in 2017. R...
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In my many years of rental experience, this is the first time I have run into this situation. Hope to get some feed backs or experience sharing from you guys.Location: Dallas, Texas
I have initially leased the prope...
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I am thinking of buying a large multifamily (12 units) with two other investors. All three have good W2 jobs. My understanding we can still go with traditional bank financing as co-applicants. Looking to hear some rea...
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Hello everyone!
My partner and I are looking into purchasing a multifamily building (6 unit) in Hartford, CT and trying to come up with some creative ways to put the least amount out of pocket into this deal and stil...