Kevin Crawford
Cash out refi or HELOC for new property down payment
So My wife any I have quite a bit of equity in our house.(primary residence) We want to pull the trigger on buying our first rental property but I need to decide on a course of action for the down payment. Initially...
Peter Dalton
Buy one for cash or multiples with a down payment
If you had 100k, would you buy one property for cash and then use that property as leverage (heloc etc) to buy more?Or, would you use that 100k as a down payment on a couple different rental properties.
Nick Cox
Buying house from close friend strictly cash on monthly payments
So a friend of mine bought a cheaper home with the thought of renting it out some day. He gave up on that and offered to sell me the house strictly cash. We don’t have a bank involved, we’re strictly on the honor syst...
Bakir Ebrahim
100% cash purchase VS 20% down payment on rental property
Hi All,What numbers would you look for on COC and cash flow ( Using the rental Caculator) when purchasing at 100% cash.While using the rental caculator, I had to go way down on the purchase price ( to get at least 10%...
Bakir Ebrahim
100% cash purchase VS 20% down payment on rental property
Hi All,
What numbers would you look for on COC and cash flow ( Using the rental Caculator) when purchasing at 100% cash.
While using the rental caculator, I had to go way down on the purchase price ( to get at least...
Jace Buxton
Cash out refinance for down payment on owner-occupied multifamily
Hey BP community,So my wife and I purchased a townhome back in 2015. It was an FHA loan at 3.5%, and we currently owe around 97,000. The Zillow estimate is about 178,000, so we have a decent amount of equity. We are m...
Jeffrey R. White
Cash Flow - Purchase Price or Purchase Price Minus Down Payment
Cash Flow Question
I have a CASH FLOW question. I searched the forums for an answer and could not find one. Forgive me if this has been answered.
When calculating cash flow is cash flow based on solely total ...
Scott Gines
Cash out refinance payment is more than the monthly rent
I am purchasing a home that when renovated and refinanced the payment will be more than what it will rent for. Do I take only the amount of equity that the property will cash flow? Or, take all the equity I can get?
Account Closed
Refinance for lower mortgage payment and cash out for capital
Hi everyone, this is my first post so I apologize in advice if I'm making a mistake. I am new to investing in real estate and upon researching, I found this forum very helpful in learning insights. However, I have som...
Grace Tansipek
Start now or wait for more cash for down payment?
Hi, I am thinking very hard about diving into real estate investing for the first time, but my situation right now is that I currently still have a mortgage on my primary home which I plan to sell in 4 years when my s...