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My wife and I have two multi-families purchased within the past couple years that are on 30 yr mortgages (4.625 and 5.125%) with 25% down and loan balances of about 300k each.I have some extra savings to invest - abou...
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What’s the positives and negatives of hiring a CPA and is it really a must to have ?
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Just purchased my first buy and hold rental in Madison, AL. I need help making flooring decisions! We're getting feedback from potential tenants that the carpet is old, so I'm going to replace the living room carpet...
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Hi, I am doing Design-Build projects for clients and interested in flipping homes so I don't need to find new clients and give me more time flexibilities. I have around $400,000 to start the first investment and don't...
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We are considering moving to a new area and would like to keep the home we currently live in as a rental. We would like to sell two smaller rentals we have to buy a new primary residence. We are looking for a primary ...
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I meet a lot of people who think 2-3 rental properties are going to be their ticket to getting "rich" or "retiring early". In my experience and through talking to dozens of other investors, usually that's just not the...
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Considering money is cheap right now, it makes sense to borrow as much as you can. However, a larger down payment reduces the monthly payment and helps increase cashflow. Plus, if you have a larger amount of equity, c...
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Hello, I recently left the corporate world after 20 years and decided to take a sabbatical. Ideally, I would like to not return to that world and instead, take my savings (2M) and invest it in RE as my primary source ...
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So the plan is to Buy a property with up to 4 units with an FHA loan, while also acting as my own agent. The question is since FHA requires little money down, does it make sense to find one of the most expensive prope...
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I am 25 y/o, I have a job where depending on overtime, I make around $140,000. I bought a 4 plex a year ago and I live in one unit while saving for another. I put 20% of pay into 401k and have a couple payments totali...