David Ackerman
advice wanted on use of excess cash flow
Hi all. Here is my current situation
Property 1: A recently purchased SFH in Raleigh. I put 20% down and have a 4.62% mortgage on the other 80%. The property cash flows $200/month. I have $4,000 in reserves for v...
Scott Scharl
Grouping 1031 Properties Together
Posting a question for a friend who's not on BP. I was interested in hearing the answer, so I figured I ask what you all think:In 2004 he sold a rental in CA to buy 3 rentals for cash in Idaho via 1031. If he now want...
Steven Gingerich
Creative Financing Alberta
Hey Guys.Interesting situation here, starting to snowball with property. Thoughts comments, advice are all appreciated.Bought my first single family at 18 for$69k and 5% down with CMHC insurance. A year later, bought ...
Joel Heck
First Time Deal Analysis - Does this make sense?
Hi, I'm new to real estate investing. I ran the numbers on a property in western Michigan on the MLS, and they look good to me. Could someone verify that the numbers are about right? Am I leaving something out?Units -...
Jack B.
Rates too high to buy more houses
I bought four more houses last year. I was going to buy 2 more this year but 6% rates for an investment property make that cash flow negative and not worth it.That said, what to do with cash on hand? 1.2 mil liquid. P...
James Grant
New investor looking for advice
I'm a recent retiree from the Navy and have one rental property that has done very well for me. I am looking to expand my rental portfolio over the next ten years in order to generate enough cash flow to be able to s...
John McKee
Hey Lenders and NNN Investors I have a question on financing
I've been told it's possible to put 15% down on a property instead of the usual 25% by using collateral. Let me know your thoughts!!!$5,300,000 Purchase Price 795,000 15% down 530,000 10% equity to come from ...
Dilini Sundaram
Conventional Loan OR refinance existing property?
Everywhere I look I see investors using the BRRRR model. I purchased properties in cash just to pilot my real estate endeavor with minimal risk, but now want to start leveraging the bank. Property I bought for 178 in ...
Azita S.
Pros and Cons of HELOC vs Cash out Refi
If you had equity in your rentals and wanted to leverage that to purchase new rentals, given today's market, would you do HELOC or cash out refi for down payment on new properties?
Ginger Schmidt
Buying my first investment
As a new real Estate investor, what should my first investment be? and should I own my own home before investing in my first investment? Thanks,