Trying to make sense of a deal right now and something hit me last night. Probably not the right property for a BRRR which I originally was thinking but could potentially be a good flip. Trying to find a creative way ...
Purchased property for 390K, put 15K into rehab. Home now worth 550+. Would like to sell and capture gained equity, also cash flow is not great and the house needs more work. Long-term renters want to buy at 550 as is...
I have a good bit of equity within my home (~450k). I am considering getting a HELOC to pull 75-100k for a 25% downpayment on a rental property. Awaiting an answer from my banker on what their current rate is on a ...
I just completed a new build 3/2, manufactured home for rent. Cost basis is 225K and comps place it at 325 to 350k. So at an LTV of 75% that is a cash out of 240K. Rents are anticipated to be 2250/mo so it fits nic...
View report*This link comes directly from our calculators, based on information input by the member who posted.This is a condo unit in a rural part of the state. Unit requires minimal rehab work (clea...
I apologize ahead of time for reposting it from a other thread but I am curious about everyone’s thoughts on this one below?
If a property that is worth 5.3 million today at 6% cap approximately, can be bought at 5% ...
I am considering originating a long term mortgage on one of my rentals. I do not need the cash, can earn 5.5% and will get a little cash as the down payment.
Pros and cons?
Here is the background.
I’m all in on ...
I am deliberating two possible scenarios for myself in the future to continue down the path of working for my self and family as well as investing.
Scenario:
80k-100k cash on hand not in a rush
Option 1 potentially...
property is a duplex with a attic studio. now the attic studio has a separate entrance but no fire escape so that is a liability. however I will be house hacking and living in the attic and can't sue myself lol.
The u...
I know leverage is the key to making money, but my other goals in buying investment property are:
1) minimize transaction costs
2) being able to close quickly to get preference when buying REO's.
Currently own my ho...