Hey guys, new investor here looking to purchase my second property.
I purchased a triplex... now looking to go with another. How do lenders typically look at your cash flow for underwriting... will I be able to affor...
I have two investment property's both with renters in them paying the mortgages. I want to get another investment house to expand i have just recently bought the second one about 3-4 months ago. I want to buy another...
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hello everyone, I'm in the middle of a deal with a house for 65,000. The house once fixed up should be worth at least 100,000 according to comps in the area. It needs about 10,000 worth of work and closing cost of abo...
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I'm looking at moving to Las Vegas after selling a company and would like to buy a place that I can live in 1/3 of the year and rent out the rest of the year. Ideally on a nice golf course? Does anybody here know the ...
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I am looking to get into my first investment property. Im currently living in Pittsburgh. I moved here about a month ago so Im completely new to the area. Any help or recommendations on where I should look into or wha...
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Need a second opinion on a deal. Model assumes 2% increase annually in rent and operating costs. 8% for property manager.50% cash/50% loan at 7% over 30 years.For that assumption it is a $170k investment. ~$9k in yea...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $165,000
Cash invested: $36,000
We bought this property off the MLS. The seller was in contract multiple times wit...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $165,000
Cash invested: $36,000
We bought this property off the MLS. The seller was in contract multiple times wit...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/697/small_1621345528-avatar-roc.jpg?twic=v1/output=image&v=2)
I've been brainstorming as of late on how to come up with cash for the 20% needed by banks for investing.
I thought the following might be a good ideal, hopefully someone has done this before and can shoot holes in ...
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My question is about the 20% down for obtaining my second investment property. I have the cash, but I don't believe it to be wise to put down 20% if I am purchasing a property that already has 20% equity.
My current...