Im looking to make my 1st Rental Property purchase here in Miami, FL. I have been approved for a 390k conventional mortgage as well as a 375k FHA. I understand I cannot use my FHA to Finance my Investment property. I ...
While most investors talk about price and cap rate when buying, there is no figure more important to me than cash on cash. How much unencumbered cash can be distributed to investors and myself after all operations and...
Closing on a house and cannot decide if we should flip it or Keep it as a rental. ARV 129kPurchase price $65,600Rehab cosmetic $9,000Rent $850Looks like if I was to keep it, I would cash flow right at $200, but will n...
Anyone know anything about those Cash for Gold storefronts that seem to be popping up like Starbucks? Reason I ask is I have a commercial space in a blue collar area and am researching to see if there's something I s...
Hey everyone- I hope this post find everyone well. I have an investor friend who is looking to buy a farm in Georgia. She would like to purchase an existing farm who’s owners are maybe looking to retire or need financ...
I am looking at purchasing a duplex with a HELOC. When calculating cash on cash return would you use the whole amount or 0 cash invested since its a loan technically?Here is the scenario:Option 1Purchase 140K paid cas...
Does it make sense to begin investing in real estate by going into debt when I am 5-7 years aware from retirement? I have been investigating investing in rental real estate to diversify my investments, however I am s...
Our tenants of 26 months want to buy the property from us. It's formerly our primary residence, and we would like to sell before the 3 year cutoff to avoid the cap gains tax. If I wait for the tenant to be loan ready,...
Cash out refinanceHi guys I’m looking for advice from experienced investors. I currently own 3 multi units in Los Angeles. All purchases were bought from 1031 exchanges. My dilemma is, should i do a cash out refi. ...
I recently read a book called Building Wealth One House at a Time by John Schaub. It recommends a tax strategy that I don't fully understand. I'm hoping someone can explain it to me. According to the author:"If you ha...