Hi BP! I am exploring the option of buying a 4plex. It will be an OOS investment and I am flying into the area next week. This is my first REI ever and I'll be going through traditional financing route (bank/lender wi...

Hey everyone. I'm not sure if this is the correct place to post this, but I will give it a try.I am starting a new direct mail campaign. In the past i have had a hard time keeping track of my responses. I have no exce...

Ok so my husband and I are about to purchase our first rental house. We were supposed to close on 06/10/2013. The appraiser gave an after repairs are made price I'm not sure if this makes a difference or not. We just ...

My first deal I'm scared!!! I just bought a duplex on auction for 18 k. Zillow estimate 66 k. I live in California I think I made emotional purchase my Mom was from Cleveland. It was take as is no inspections.  I am...

Hi everyone,My name is Frank Leng and I am located in South Austin. My specialty right now is in website development and SEO but I find real estate really fascinating. I think it's important if I create a real estate ...

Dear lenders, I put too much down payment on my multi unit as a buy-and-hold. I am receiving cash flow from this and needless to count on depreciation I am totally capable of cash out refi. However, according to my le...

My dad and I purchased 3 condos together back in 2011-2012. We paid around 50k each and they are now worth around 100k each. We own them free and clear. My dad is very conservative and happy with the cash flow that th...

Hey all, I graduated college a year ago and moved to Austin a couple of months after. I wasn't aware of the Austin market until after I had actually settled here. For the past few months I've been eager to begin my re...

I have about $200,000 in equity on an investment property in Oakland, California. It sets on a large lot enough to add a second unit. I bought it for $265,000. Legally it's a four bedroom, one bathroom single family h...

I spoke with an accountant who recommended I compare a 5/1 ARM vs a fixed rate loan in a spreadsheet. They said many times the ARM is the better option since less money goes to interest and you get lower payments whi...