Kyle Skinner
First Flip Deal in Cleveland
Investment Info:
Single-family residence fix & flip investment in Cleveland.
Purchase price: $40,000
Cash invested: $80,000
Sale price: $329,900
Full gut fix and flip in the Tremont neighborh...
CHAD A THEISEN
How to fund my rentals
I want to buy 5 rental houses but I'm torn on how to fund them. I have a piece of property (46 acres) that I own outright. Should I take a loan out on that or refinance my home? If I take a loan out on my property I'...
Andrew B.
Investing with a friend- whats fair and tax?
I have flipped a few houses with great success and a good friend wants to put in 50% of the purchase price and 50% of all other cost with my next rehab.
I have always used hard money at 5 points and 12% thereafter....
Travis Morris
Heloc vs Conventional for buy & hold
Need some advice on whether to purchase a rental property (160k) with a already established Heloc that currently has a zero balance or doing conventional financing. Conventional is at 5.25% with 2% points roughly ($3...
Michelle Planessi
Does anyone have experience heating a converted attic?
I have a 3 story duplex with central heat but the bedrooms on the third floor (which is converted attic space) don't get adequate heat. One guy told me I needed a new furnace, another said I have to use window units....
Thomas D.
Refinancing two investment properties in todays market
I have 3 investment properties with existing mortgage notes.
1 at 4.375%- 17K unpaid principal-(Original 10 yr. note principle= $48,000
1 at 5.75%- 66K unpaid principle (Original 30 yr. note principle= $67,5...
Igor Nastaskin
What terms to add to lease for roommates?
Hi, I have 5 students/roommates apply for tenancy (in California) for one of the units of a fourplex in California. 3 students have cosigners (parents), one cosigner is architect and one is an out of state judge. This...
Glenn Jubildo
Fixer upper and procrastination
I bought a forclosure on the good side of tulare, ca back in may. So far, I have replaced all the windows and remove 2 large hazardous tree in front of the house via contractors. I am slowly doing demo and cleanup. I...
Sam Josh
Better use of $300k in SF Bay Area
Hello BP, What is a better use of $300k in the Bay Area?
Option 1: Scour for a rental property with positive cash flow. Hard to do but there is always hope.
Option 2: Invest in adding extra space in primary hom...
Henry Cepero
First time buyer should I hold rental property long term, Orlando
Hello Everyone,I'm purchasing a property in the SODO area of Orlando (around Delaney Ave) under contract for $375,000. It's a fixer upper needing a new roof, new water heater, and probably a new electrical panel. The ...