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I finally pulled the trigger! I just bought my first home that will be my residence for the next year. Then I will convert it to a rental where it should cash flow decently. Scary, but its coming together.
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If you were about to get $25k would you:A. Invest it in another couple of rental houses in the $75k range w traditional loanB. Put it towards student loan debt which has an interest rate of 6%? Currently on a 4 year p...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $610,500
Cash invested: $43,000
Two family house hack. Live on first floor, finishing out basement and ren...
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Hey everyone! I took some time off from my typical in depth Real Estate research to focus on starting another side business, but now I am back and ready! Only problem is... this market now LOL.I wanted to see what oth...
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Greetings!
I am a Charlotte resident looking to continue growing my real estate portfolio. I have 3 nicely cash flowing properties out of state and ready to continue the progress within an hour of Charlotte.
For th...
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I generally work with properties under distress, get an option and wholesale. I found a house with over grown grass and vacant over one year now. I finally got in touch with owner and she stated that the house may be ...
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Hi all,
I'm new here. I'm also new to REI. So new, in fact, that I'm still in the planning stages. For my regular 9-5, I am the safety manager for a manufacturing facility. I have always been fascinated by financia...
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I'm currently in the Indianapolis area living in my first future rental property. Was wondering if using a helco on my current home to purchase or put a down payment on a second rental would be a smart move?
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Hello,I need ideas on the best thing to do so I can purchase another rental and utilize my cash/equity wisely. Rental A: repo--great deal needed a lot of work. Remodeled it. I had a lot of equity so I took out a HELOC...