I am a complete REI newbie looking to gain some knowledge on the financing side of a potential first deal. I was looking for some advice on the following financing plan, plus have what I am sure will turn out to be a...
Hey BP. I'm looking to get my next investment property next year . My strategy is house hacking /buy and hold. I recently got my gf into the idea of investing and she agrees on finding a 4plex or 3unit . The only issu...
I'm fairly frustrated at the moment with my attempts to get some solid RE deals. Originally I really wanted to start out with multifamily properties, but I've looked at tons, and all the ones that seemed plausible on...
Hi Everyone! I read Andrew Postell's post about doing cash-out refi's and he says in there that if you pay for the home with cash or a HELOC that you can get a cash-out loan on day 1. I've called 4 credit unions and t...
Hello BP!I am asking this question so I can evaluate the responses and see if one strategy is more favorable than another. If you had 200K to invest in real estate, would you rather buy one property (an upper/middle c...
So currently, I am 29 and for all intents and purposes, half of my income is from rentals. Also, the income from my rentals cover all expenses. This means that what I make working is mine for savings, other investment...
I purchased a 3 plex a few years back and have been paying the loan down and value right now is worth $150k and owe about $60k with only $10k in personal money involved should I refinance this after only 3 years and t...
Hi. I am looking to identify a strategy for my real estate investing this year. Specifically my #1 goal is cash-flow. Due to my age (49), I need a strategy that will produce the ability to cash-flow quicker than th...
I'm trying to come up with creative ways to finance future deals without burning through all our capital. We (my wife and I) have a couple lines of credit totaling about $95k max (I don't want to over utilize these, ...
Good Morning,I have a few questions regarding subject to's if anyone can help... 1) Are these deals done with the investors cash only? 2) Will hard money/private money lenders lend the cash needed for the rehab? 3)...