Shawn Lovelidge
Need wise advice in a Seller's Market...
I'm new to this site so forgive me if I ask a stupid question.Goal:Take advantage of Seller's market and position myself for passive income as I reach retirement.Situation: Debt: 100K; Value: 180-190K; Interest Rate: ...
Caroline Uhara
Coronavirus impact on Section 8 for Buy and Hold
Hello, I hope everyone is navigating this unfortunate coronavirus madness! While unfortunate, I see great opportunity. I have flipped in the past, but would like to transition to buy and hold. Here is my hesitation...
Samuel Figuera
At a Standstill
Hello, I am a new and aspiring REI. I invested in a home last year, and I am at a standstill. I really want to get tenants in, but I am at a point where I simply do not have enough personal funds to finish. Question: ...
David McIntyre
lien or refi options pls?
Hello all!I'm an experienced investor that's emerging from a difficult period. Need input / ideas / comments on following pls.I have 2 SF rentals that I'm facing foreclosure on as I fell behind w/ the mortgage payment...
William S.
CapEx Budgeting - $5k in reserves + cash out refi?
I have a rental in a suburb with some nice modest appreciation. All in for $121k, worth roughly $145k. Nothing needs to be replaced in the near future, more long term expenses. I see two options1. Set aside $166/m for...
Erik Sherburne
How leveraged are you?
Curious out there what people use as a general rule for how leveraged they are. How comfortable you are with debt. Do you have 401K loans? Would you cash out a Roth IRA? Do you use HELOCs off your primary? For...
Jennifer Smith
ADU funding question
Hello!I am trying to decide between two strategies for funding an 80k ADU to be built in my backyard. What would you do?I currently owe 265k on my 301k mortgage, in a house that is worth probably 350k right now. The A...
Nicholas Hindes
When to Start Investing in the Marion/Muncie/Indy area
Hey everyone. I am new to RE investing but SO excited to jump in with our first rental. Could use some feedback regarding what next steps to take. Right now we are about 4 months out from finishing some student loan p...
Jason Krick
Reserves vs. LOC for Repairs, Maintenance
I am hopefully going to get my first SFR rental property under contract later today, or early next week. Without going through all the details (I will hopefully post the whole story later), the end scenario will be t...
David Lewis
Advice for cash out refi...Holding money.
My primary residence is valued around 375k and I have a balance of 181k. We are considering pulling cash out to buy an investment property if and when the market turns. We can afford the new debt on the loan. Just ...