Hello, my name is Nick, I'm just starting out at 20 years old and I have a goal in mind of $1,000/month passive income from rental properties in the next year. This may or may not be over ambitious, but I would like t...
Hey yall! I just turned my first house into a long-term rental and bought another home to reside in. Im looking to purchase my next rental within the next 6 months. What advice would you give me for my second rental? ...
Interested in getting opinions:So it seems a lot of commentators are saying the multifamily market maybe starting to top out. Even in growth states like Florida, Texas and Las Vegas is it worth entering now as most de...
We would like to sell several properties, pay off a few others, without giving a huge chunk to the IRS. Is there a way to do this?
Ok so I did my first brrr - 2 r left.... Ok so I used a HELOC from my CA home interest rate 5.9 ten year for down and rehab. So I purchased and rehabbed with all bank's money. 30 fixed 5.5 / HELOC 5.9 -10year. I have ...
I have purchased 3 4-family units last year, each with 25% down on a commercial load from my bank.
Now I am looking at a larger investment ($700,000) with a decent ROI of 13%, but I cannot come up with more t...
All,
I'd appreciate any input you all might feel like tossing in. I am looking at a 6-unit building and have been trying to figure out my own analysis and want to see what any of you think...
Size= 6 units ($500/mo...
Hey guys,I own my own place in NYC with a hefty mortgage payment and building maintenance/tax fees etc. I have no other debt.Currently my DTI, if I include the mortgage and the full maintenance monthly fee for my buil...
So I've just been cramming my brain with the subject of commercial lending. I called a number for a small 3 unit commercial building. By his asking price and terms, 1/2 he'd finance and indicated room for negotiation,...
Currently I have a plan to pay off all debt accept my home prior to investing in real estate. I want to focus on Single family homes around $50,000 which I plan on paying cash for.
Basically I would live off of a sin...