Steven Kleppin
Upfront costs when buying an Apt building
Outside of the down payment, I'm trying to calculate how much money I'll need to have ready upfront in order to purchase a 12 unit apt. I know the exact numbers will vary dependent on location, season, etc. But could ...
John T Lizzo
Second Buy and Hold Rental
Investment Info:
Single-family residence buy & hold investment in Urbana.
Purchase price: $72,800
Cash invested: $16,500
Second investment in college town of Champaign/Urbana. Single family home ...
Samuel M.
BRRRR Strategy New York
Hey everyone. Newbie here. I just wanted to know in regards to the BRRRR strategy when it comes to the refinancing part I am a little confused. Is this only worth doing for cash deals? I feel like if I would do this w...
Todd Magin
Transferring Equity Investment From Solo401K into Roth
How do I determine the value for tax purposes of an equity investment when transferring ownership from a Solo401K to a Roth account? If I invest $100K in an equity deal (syndicated or crowdfunded) using my Solo401K a...
Account Closed
One more pillar for long term success
For years I have been investing in rental properties. My experience has always been with single family properties. I have also managed apartments and have always managed my own properties.
This year I have been wor...
Brendan D.
Hard Money Lender upfront fees
Are there any hard money lenders out there who don't charge points up front? Seems like the points would be subtracted from the loan amount, but a few lenders in my area (DC metro)
want me to bring the points to closi...
Richard Raghoo
How can I cash flow in a strict rent control environment?
Ontario Canada has recently declared war on small businesses and in particular Landlords. Landlords will soon be unable to raise rents to reflect market conditions even if a tenant moves out. Given the rising cost of ...
Ben C.
100% LTV Home Equity Line on Primary Residence?
Hello,
Has anyone gotten a 100% LTV Home Equity Line on their primary to fund deals?
What are your thoughts on this and does anyone have names of banks and or credit unions that do these types of loans?
David Calme
First Building - Looking for Advice
After looking for a building local to my area with a decent potential cash flow, I have found a 19 unit building in a rather remote northern suburb of Detroit (Northern Macomb County for those of you that know the are...
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Wiretaps: Justified or Illegal Action by President Bush
I think I may open a small can of worms here, but I'm curious what you all think of the wiretap controversy happening in Washington. Do you think that Bush is justified in his actions here, or if he's going overboard...