Account Closed
Flip or Refi & Rent this?
Would be curious to hear opinions on this. We are nearly finished with a reno on a SFH in West Michigan. It was meant to be our first BRRR property (we usually just do buy and hold) but now we are undecided. Would you...
Joshua J Cawthorn
I recently closed on my first duplex!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $700,000
Cash invested: $14,000
My first multifamily! Duplex: 3 bed/1 bath upstairs, 1 bed/1 bath downstairs...
Sean Welch
Won’t paying back a HELOC loan take some time?
Let’s say you use $50,000 on a HELOC to buy a property and use it as a Buy and Hold. Won’t it take years before you can get that $50,000 back from monthly rental income and repeat the process?
Rickey Wiley
Mobile Home Dilemma = Rent or Sell?
In a sticky situation here, I purchased a new single-wide 3/2 mobile home in Fort Worth. Nice looking house with tile floors, no issues and never been occupied. Got it for a good deal, paid cash, but i'm stuck with a ...
Renzo D.
Occupancy Requirements for IRRRL
Hi All,So my wife and I just closed on a refinance for our home, we went from a VA loan to a VA IRRRL, and from 4% to 2.875%. Everything has gone well so far, except for one thing that worries me. The refinance docume...
Tony Clark
New in Middle Tennessee
I haven't yet taken the plunge and bought my first investment property. My goals are to flip some and buy and hold for long term income. I will be eligible to retire from my day job as a firefighter in 6-15 yrs depend...
Ken R.
Follow up or fall behind. It's your choice.
28 new Oklahoma City properties to follow up on in less than 24 hours. Of course this is nothing to brag about at all. I know there will be thousands of calls to make moving forward. It's just something about getting ...
Sean Kelly
Nashville
I'm awesomeWork in Music Business full time at WME/IMG and am a licensed Real Estate AgentGot my license to purchase my second home, to turn my first home into a rental--which is currently worth over 2x what I paid fo...
Casey Murphy
Our first rent house
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $105,000
Cash invested: $27,000
I used my heloc to fund the down payment and some cash from a land sale to have the...
Aaron Mazzrillo
Which do you choose?
I got a property under contract today. ARV is $190K. Seller owes $187K. The loan is 5.1%, 30 year fixed, PITI of $1,249.51. Long term tenant paying $1,675 and all utilities. I purchased the property subject to the exi...