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This question might sound like it has an easy answer but I don't understand. Please bear with me.Here is the scenario:I purchase a house for $100k, put 20% down. I renovate the property, it is now worth 150k. When I g...
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I am looking for financial advice.
-3 month goal is to purchase a SFH or a multiplex and place it with a good PM company.
-6 month goal is to repeat the above 2-3X.
Background on my situation
New to an industry un...
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in 2020 I bought land cash in the PNW (Oregon/Washington) and did a "BYOL" (Bring your own land) to a local builder. I was able to do no-downpayment construction financing, interest only payments over a year. I then r...
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Hi Everyone,
I am looking into buying my 1st rental property and my goal is to constantley get the money out and buy the next one, so my question is when you take a loan the bank usually requires you to put down 20-2...
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Investment Info:
Townhouse other investment in Melbourne.
Purchase price: $129,900
Cash invested: $26,000
Utilized 401k as down payment on this rental.
What made you interested in investin...
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My goal is to buy rental properties in my home town. I live in South Texas. We had a bad hurricane two years ago. If I use BRRRR method and refi and repeat. What happens if a natural disaster comes destroying my inves...
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I am confused about exactly how to refinance. Can someone explain the process to me step by step and explain how you get your return??
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Hello all,I just closed on my primary residence with an FHA loan so I am not able to house hack since I am obligated to live in the residence for a year. But with that purchase, I bought it with $50k equity in the dea...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $68,000
Cash invested: $376,000
This was our initial purchase in Cotter after retiring from the Army. We di...
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Investment Info:
Condo buy & hold investment.
Purchase price: $135,500
Cash invested: $41,000
Purchased this 2/1.5 condo as my first rental unit using a DSCR loan. The property was owned by Zillo...