Hello All,So I'm looking for some personal opinion, preferences, and insight.I'm beginning the search for my second property (first closes on 7/8 hopefully) and I would like to either use the FHA and 3.5% down route t...
Let's have a little fun and possibly learn something about ourselves:The Green Button is a guaranteed $1M wired into your account today.The Red Button gives you a 50/50 chance at $100M being wired into your account to...
1st time poster. Long time lurker.
4 unit property - 3 are tenant occupied, I will live in the 4th
$370k purchase price
$3200 monthly income
$19k in seller assisted closing costs
$11k - 3% buyers agent fee toward cl...
Recent article from the LA Times showcased nearby San Diego as the number #3 city for largest year over year price increase at 7.8%. See article link http://www.latimes.com/sd-fi-case-shiller-august-2...Did you know t...
My wife and I purchased a single family 3BR 2 bath home for 75,000 in the Midwest at 4.75%. We can pay it off in 2 yrs or rent out @850month. Why not pay it off? I get that we have more dumped in but to pay it off in...
A broker friend of mine has a multi-family listing that has not moved yet and he's trying to see what can be done to make it more attractive as an investment. I gave him some thoughts, but I'd love to hear what the r...
I've owned properties for many years, but only recently have I started to invest in multiple properties at one time. I used to be afraid of the concept. The large amount of debt, managing properties, fearing a major c...
Looking for some advice on a refi. Here is the situation. Currently in a 15 year contract for deed. Original loan was 90k @ 3.5%, still owe 65k. Approximately 10 years left on the loan and my monthly payment is $6...
I’d love some input on financing options.We bought our first BRRR using cash and we are ready to do a cash-out refi.I’ve talked to one bank who has given us two options.Option one is a 75% LTV, 30yr fixed, 4.75% and w...
Hello everyoneI have my primary residence in NYC that for personal reasons I will need to convert to a rental, since I am moving out of state. I have done the calculations and I will come to a negative Cash Flow of ab...