David Johnson
Converting Equity in SFH into Multi-Family Strategy
Hey everyone,I'm currently in the process of evaluating real estate strategies going forward and attempting to convert the substantial equity I have in two single family homes into cash flowing multi-family properties...
Christopher Morris
Adding a kitchen - first time rehabber
Hello BP, I’m looking to add a kitchen into my second unit. I’ve read and heard the many issues with subs, is there anything I should be looking out for? What’s tenant friendly / modern nowadays? Only some money up fr...
Philippe Schulligen
HELOC vs. 0% credit card for down payment
Hello BP community,My house is paid off and I have a DTI around 25%, but little savings. I am considering down payment on an investment property either HELOC vs. 0% credit card cash advance offer (this cash being avai...
Andy Tygard
What affects cash on cash return on invest?
I am trying to analyze deals for multi-family properties in my area. I have read and heard that cash on cash return on investment is an important number to look at, and that the cash on cash percentage should be close...
Jorge Guadian
How to buy next property using property as collateral
I would like to hear from experienced investors or people that have used there collateral to leverage there money on investment properties. I have four duplexes two of them are paid off those two are bring in $2925...
David U.
Evaluating between two options
Hi everyone, I'm trying evaluate between two options. I currently have to apartments that I rent out. Both are owned without any debt. One is STR and one is LTR. After all fees, taxes, management and cleaning, i have ...
Brian Stike
Cash out BRRRR in Central Jersey - HELOC or cash out REFI?
Hi all, Question is 2 part: Just finished Rehab on a property in Ocean Co that I got for 110,000. Tenant moving in November 1. Comps are in the high 160, low 170 range. I did about $18,000 in repairs. I'm looking ...
Tracey J Shanklin
My Mortgage payment was increased 4 months into a fixed loan
I didn't go through a traditional lender as I found a fabulous non-profit organization that I'd dealt with years before. They offered fixed interest rate, no down payment, no PMI, minimal closing costs! I'd already ...
Albric Rosa
I want to buy a duplex.
I am moving to South Florida in 3 months. One of the ideas i have right now is to house hack a duplex( Looking for 250-300k range) However I do not have a enough money to put a down payment, because of moving expenses...
Michelle Lee
Buy rental from parents as primary residence
Hi, does anybody have suggestions for the best way to minimize taxes for this? My parents have a rental property, owned free & clear, that they want to sell to me. They want the money as a lump sum instead of mont...