Sue Zikria
Refinance rental vs buying several rentals with 20% down
Dear Forum,Is it more profitable to buy a rental apartment, refinance the rental, take HELOC out and buy another rental apt with that money and rinse and repeat?Or buy several rentals with 20% down each?I have $120-15...
Jon Klaus
Replacing odd sized windows
I have a couple mobile homes that need interior windows. About 5 total. The interior windows have about 4" of gap to the exterior windows. Interior and exterior open. They are odd sizes that I can't find. What is...
Erick Smith
First rental income purchase
I just started the purchase process for a 2 flat building in Chicago... I have a 203k rehab loan and was told that I need to find a license contractor to do the work... All of the major system are in working order...
Matthew Keller
Property value question
I’m looking at a property that is for sale by owner. Asking 259,000I’ve looked at the county property appraiser page and it has an “appraisals” drop down and an “assessed and taxable values” drop down menu. For 2018 i...
Steven Hellinger
SDIRA partner or lend money
I am looking at a property with a group of friends that invest. I wanted to invest money into this from my SDIRA.We are set up as an LLC and I am one of the members ( I can change that as we did not purchase it yet). ...
Ernest Alexander
Seeking help with Comps with 18 Prop Portfolio in Detroit, MI
Hello BP family,
I am in the process of buying a portfolio with 18 Single-Family Rental Properties located throughout Detroit, MI, and need assistance with comps in the local area before requesting formal appraisals....
Kenneth LaVoie
Insurance amounts
Hi All
I am trying to determind a couple of things about landlord insurance: Specifically, how much do I REALLY need. I use State Farm, and have been for years and years, but I am getting some more quotes right now. ...
Account Closed
Need advice on buying my first property
Hi,As i am searching to buy my first property i cam across below property and need advice. it is listed for sale for $25,000 an per the agent, the ARV is115,000. and the rehab cost are around $55,000. the question is ...
Oliver Leonetti
Right Timing in Uncertain Times
Hello Everyone, I'm an intermediate level investor. Actually I feel like a beginner but I have two rent and hold units with a total of 9 doors. I've been looking to add a few more solid multiplex or industrial/ wareho...
Gary Hurst
What to do?
I've got two homes that we bought 50cents on the dollar brand new. Paid 210K for both value approx 400K. Cash flow 400 for both. I'm thinking about selling (1031) and putting into some properties that cash flow ...