Kevin Reik
Percentage to private money lender family member
My father is considering a HELoC to fund my real estate investment What would be his pay structure? What percentage should he get?What are average HELoC rates (Im in NY but curious of rates to expect)He would be silen...
Andy H.
Structuring payment plan for damages owed by tenant
Imagine our surprise when a former tenant who owes about $1200 in damages beyond what her security deposit covered contacted us asking about setting up a payment plan to repay! We figured we'd have to take her to smal...
Tom Smart
Retirement plan: My idea.
Retirement Plan.I used to have a 401k. That was before I lost my job. My search for another job landed me in another country, working as a contract employee through a third party. I got interested in real estate becau...
Jeff Cooley
Trying to maintain health insurance while trying to be a full time REI
I am just curious as to how some of you seasoned investors maintain health insurance for yourself and your families? Are most of you "risking it", have spouses with insurance, paying outrageous deductibles ? I am stil...
Will Ducusin
Will a co-sign to a loan increase the chance of pre-approval?
Me (and wife) are from Tennessee. My brother and his wife are from California. WE are planning on buying our first single family rental property in Tn. I and my family will be the first "tenants" for the property. Ou...
Benjamin Manibog
Experience with HELOC?
I currently own a home in Riverside County, California (East of Los Angeles). My house is appraised at $450k and I owe $240K currently. I was reading about doing a HELOC in order to make a down payment on another prop...
Jason Carter
Hard money to New Construction
Hello,My question - can I refi a hard money loan into a new construction loan if my conventional lending doesn't come through. tear down purchase price 295k 105 down. I have a contract on a home. I am using conventio...
Christin Nguyen
How To Distribute My Money as a 27 Year Old
Hi everyone,I have been working as a travel nurse for the last 8 months and have started to save a bit of money now. I recently bought a starter home that I plan on turning into a rental within 2 years. Besides the mo...
Orlando Goodon
What is my biggest risk buying 3 properties
I'm new at this. I've done a spreadsheets to break down numbers. I'm searching loop.net, grabbing the listed gross income, maintenance and tax figures. Then go to mortgage calculator and calculate mortgage with fees. ...
Matt Smith
House Hack in Tampa Bay area
I bought a 3/2 newly renovated SFH in New Port Richey for 265k. My plan is to house hack. For those of you unfamiliar with the area, its an up and coming area due to Hillsborough and Pinellas counties being too expens...