Joseph Watson
Advice on 15 year mortgages
I am very excited about getting my first property. An issue I'm having while deciding however is my financing. I have a local lender loaning with a rate @5.99 and they want the property to be tenant occupied. My probl...
Kyle Hey
Financing Question for new(ish) investor
Hello, In 2015 I bought a duplex and lived in one side while renting the other. We recently moved out and into a SFH, and kept the duplex as a solid, cash flowing rental. This property was bought in our name and is in...
Dennis P.
New member from Texas
Hello gang!I see that most favorite places to invest in TX are areas arond DFW, Austin, and Houston. What else investors would like to consider?Kind Regards,
Brit F.
Options to help a neighbor in foreclosure?
I'm looking for creative ways to help a neighbor. Here's the situation:While perusing foreclosure notices yesterday, I found one posted for a long-time neighbor. The outstanding loan balance is only ~10% of the valu...
Kalon Green
Building a new home on a property with existing home
I own a home which I am currently livivng in. I've been bouncing around the idea of building another home behind the one im livivng in now. My question is how could I get the money back out of the new construction home?
Steve Simpson
HELOC or.....?
One of my investors has a lot of cash but does not want to have it all tied up in his properties. He currently owns 2 rentals which he financed 70% at good rates (around 7.5% I believe). He bought both of those off ...
Nhia Yang
Help on type of loan for multi-family property
I found a combined multi-family property package (3 duplexes) for sale by owner. I'm aware residential loans cover single-family homes up to 4-unit homes, and commercial loans are for 5+ unit homes. My question is...
Patrick Livers
Financing options for next purchase
Just wondering if anyone has any suggestions for financing options for my next project. My issue is on paper by myself I don't make a enough money (25,000) to qualify for any loan or line of credit.
Currently I own t...
David Trevino
How to divided up cash-flow for a property with partner
I’m currently looking in to purchasing a four-plex property i have ran the number and the deal fits my criteria , i have a great amount in savings to cover the down payment and costs associated with the property and s...
Ashton Coe
Just getting Started
My name is Ashton Coe, I am 19 years old looking to start getting into the rental property market. What would you guys recommend for me to get my foot in the door. I have saved enough for a down payment for a house an...