Good afternoon. The question here is: how do I buy a house under the following circumstances? Owner has a reverse mortgage of $190k. House is worth about $250-260k after rehab. That ARV isn't high enough to suppo...
I have been talking to banks and some say the maximum number of investment properties they can do a heloc for you is 4.
I'm planning to pay cash for my investment properties and then pull out the money using heloc.
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I purchased my first house last year, June 2021, for $270k in a hot market with TONS of new construction everywhere you look. This house is a brand new construction as well. Since then, it's appreciated quite signific...
Hi All! New to the forums here and looking for some advice as I get started in REI. Ive been networking to put a team in place and wanted to get some opinions on my lending situation. I'm currently looking to refi my ...
I am new to real estate investing but eager to learn. I am in the process of refinancing my current 30 yr mortgage to reduce my monthly payment. We determined we will save almost 200 dollars per month but will extend ...
Hello everyone,
After listening to many of Clayton Morris' podcasts about investing in the Midwest, it raises one big question that I do not understand: Why would anyone there choose to rent long term for $600-$700 ...
Hi all,I'm still doing a lot of reading, researching and listening to the BP podcasts. I just finished The Millionaire Real Estate Investor and The Book On Rental Property Investing on Audible. I'm really excited abou...
I have been wanting to have a rental property for years, or even vacation rental. My wife has been onboard with vacation home for a couple of years. It is in a place where we want to retire. (15-20 years from now)....
Is it a good idea to invest in a lease hold. Tenant occupied until end of year.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $133,000
A 3 bedroom, 2 bath, single family home with a two car garage.
What made you interested in investing...