I'm looking at a 9-plex for $650,000. Current income (with very below market rents) is $52,188 after expenses it is $38,855. I would put down 20% and get a commercial loan at 4.5% amortized to 25 years with a ten ye...
Does maxing out my 401k negatively impact my ability to borrow from the bank? I.E does it reduce my income and therefore throw off my debt to income ratio or does the bank give me credit for those funds knowing I coul...
Hello, I'm Greg and I moved to East Texas around 11 years ago from the Northeast. My goal is to soon buy a duplex as part of my future retirement income, eventually I'd like to own maybe 10 rental units. At age 50, I ...
I have been doing due diligence on 8-10 different funds and as soon as I narrow down my list I see new ones pop up that look intriguing. My primary short term goal is cashflow - so Ideally something that pays 12-15% ...
Hello, I am looking to buy my first property (most likely an investment fourplex), but just left my job to start a grad program. Prior to this, I had 2 years of good tax returns from 1 stable job as well as my side bu...
Hey BiggerPockets community! A new job opportunity has me heading over to Chicago and I’m itching to finally jump into my first house. I’ve been looking around the forums to start gathering some info on the area and w...
Hello everyone! Asking for your expert opinion. Any thoughts are appreciated!We bought at $212k, we put 20% DP used DSCR(~45k because it was appraised at $206k).
Some of the updates we did: changed roof& hvac,...
I have something of a theoretical question. My current strategy has been to invest for cashflow, and to these aims I have purchased a triplex in my hometown of Spokane and am under contract for my first SFH in Indiana...
Hello all,This is my first time posting on a blog so bear with me. Mainly I’m just looking for some second opinions from some individuals who have been in my current life situation or similar to. I would appreciate an...
It's time for another Las Vegas update. For a more comprehensive look at the Las Vegas investment market, feel free to DM me for a link to our blog. There, you'll find detailed information on investing—both in general...