Jonathan Breton
Which to pay off faster? Primary or Rental
There is often a question on whether to pay off mortgages or not, but I would like to propose a different scenario.If you have a little extra cash to pay per month (equal to one extra payment per year), would you pay ...
Kem M.
Credit Rating, Thoughts on Paying Off Rental Property
Hello all, Two questions. 1. How does investing affect your credit score overall. It seems that constantly applying for a mortgage (thus resulting in multiple hard credit checks) and carrying a large amount of debt wo...
Christopher Lynch
How to evaluate income property for house hacking
Hi all,I wanted to get some clarification on what rules you are using to evaluate a house hack. My goal is to buy a multi-unit property I can live in rent free. What metrics are you using? I have heard some people use...
Eugene Lubman
House appraised for less than my offer. What now?
Hi all,I am about to close on my first house hack (4-unit), but the appraisal came in at 7% less than my offer. I am financing with an FHA loan, and the lender will not approve a loan above the appraised value. My a...
Ade Wilson
Any REI advice for a young person?
Looking for outside opinions on the best move I should make. I’m 26 just purchased my first home in November of last year. Bought a 5 bedroom 3 bathroom duplex less than 1 mile from new LA Rams stadium. I got a killer...
Tony Cavalli
ADU on 4 unit CA
Hey fellow investors! Has anyone completed and re-appraised/refi'd a property that they added an ADU on a small multifamily (2-4 units) in California? I have a deal where I want to do this but I'm concerned about how ...
Tommy Mckeown
Where should I put my money while saving for Real Estate
I’m 20 years old I want to buy a rental property by age 25 I’m saving right now but I’m wondering if I should put this money into a mutual fund while I’m saving. or keep it in a savings account I feel like I’m losing...
Cloud Renji
Need advice about buying an 8plex (Canada, Montreal)
I bought my first property in 2005. It was an 8plex that I purchased for 400k. The 2015 valuation is 610k but I believe it would sell easily for 750k, or 800k (fair price) just by comparing to similar properties. In 2...
Ashwin C.
How to scale your rental portfolio
I recently purchased my first property (turnkey) using a conventional mortgage. After purchasing it, I realized that saving up for the down payment (25%) every year is going to be a really slow way to grow my portfoli...
Gavin Doyle
My FIRST investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $415,000
Cash invested: $30,000
This is my first ever investment property (house hack) that will hopefully k...