Account Closed
HELOC to replace my current mortgage
I have recently purchased a condominium as my primary residence in August 2018. I am on a 30-year fixed with 4.75% interest rate. Can I replace my current mortgage with a first lien HELOC? I tried a few times to obtai...
Nik S.
Thieves....How to stop them!
I just put in a new washer and dryer a few months ago for a 12 unit buidling and things were going great. Tenants were happy with the new machines & I was generating a little more laundry income!Unfortunately, I j...
Michael Ouvrard
From 0-4 Houses in 3 Months!
It's been five months or so since I've joined this website and have been relatively absent from the forums, not because I decided REI wasn't for me, but rather because I have been busy doing deals! To set the stage, h...
Julie Hassett
Will water issues be the death of my rental business?
Hi there, I'm a small-time real estate investor with 6 units under my belt. When it comes to water issues, I absolutely cannot catch a break. Currently, I've got:One basement with a leak and horizontal crack forming o...
Mark H.
$500,000 in cash. What to do.
I have yet to purchase any rental property. I have made my money overseas from savings. I do like owning some stocks, but I now want to diversify into real estate. I have $500,000 in cash. I do not want to rush in...
Matt Mason
Is real estate syndication going to push out turnkey in the near future?
I see a ton of fellow West Coast investors ready to pounce on out of state single family houses and people here on BP ready to sell them anything under the sun. It seems that these investors are long on money but sho...
Julie O'Connor
Avoiding Appearance of Discrimination
Hi BP Community. I have been a long-time “lurker” and now am a first-time poster. I own a SF rental in Northwest IN (former primary residence). First time renting this property.Property has been advertised on Craig...
David McBrayer
Our HOA has dissolved and I could use some advise please?
Hello and thank you for checking out my discussion. Well, I am having my first taste of the Landlord Blues. I bought a 2-1 condo around Christmas time and bought it with owner financing. But since I have bought the...
Marc C.
Why are we doing this again (investing in single MF properties)?
Here I sit, working a Master Lease Option on a 60-unit. It's a decent deal: $50,000 to hold it for 3 years. It's mismanaged and has upside. Needs a minimum of $300,000 to get it from a C to a B. In other words, I will...
Josh Johnston
Guidance choosing a strategy?
Hi all!
My wife and I are getting ready to move from Rhode Island to Cleveland, Ohio in the coming months. We met while we were getting our teaching degrees, but nowadays she's at home with our two feisty (OH SO FE...