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Hello,Thanks to all for such great information. I am under contract to purchase my first duplex. I am using a low down payment to live in one side for for a year and rent the other side out. After the year is up, I...
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I am looking to purchase my first buy and hold investment property. Is it a bad idea to take out a heloc on my personal residence to fund the down payment and closing cost?
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I have been researching REI for the last year or so, and am feeling closer towards my first deal. I feel I have the funding resources, a decent understanding of deal analysis, and a handful of investor connections tha...
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Say you are starting with about 200k and the avg house in the area costs 150-175k and rents for at least $1200/month. What would you do?
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Hello all, I'm researching hard money companies to possibly use on my next investment. Has anyone used the following companies ? RCN Capital, Finance of America, or Viso Lending. There are many more out there and woul...
I'm 29, and here are my financials. Ihave 100K in cash. Through very frugal living, I'm able to save around 90K per year to put towards this. I also have access to 30K line of credit (hard cash guy). The plan: To...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $105,000
Cash invested: $55,000
This is a great cash flowing property. I am hoping to repeat these numbers ...
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I'm 80% completed with my first rental property. I bought it for 12k and will have 14k in rehab expenses with a ARV 55k. I'm renting out the 2 bottom room making $700 and I living in the top bedroom with a loft that I...
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HiI am newbie and listening to Brandon Turner's book where he mentioned Buying, Rehab, Rent, Refinance and Repeat ( BRRRR) Strategy. I am not following one aspects of it, any help would be highly appreciated, as I fee...
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Investment Info:
Small multi-family (2-4 units) hard money loan investment in Campbell.
Purchase price: $165,000
Cash invested: $49,000
Sale price: $165,000
Purchased this 4-Plex for $165,000 usi...