Jeremiah O
Refinance existing private mortgage
Hi,
We purchased a house 4 years ago and financed it with a private mortgage. The private mortgage is with a family member and was for 100% of the purchase price. We were looking at refinancing the loan with a bank, ...
Oleg Serdyuk
Tenant does not pay rent. What incentive should I offer?
Tenant in Ohio does not pay already for 3 months. Before pandemic this tenant also was late with payments, so on my opinion most likely she is taking advantage of the situation. Debt amount already is almost $5K. Tena...
Joshua Collier
Getting financing for rentals past 3 or 4
I new to the REI world and I have many newbie questions. So, please forgive my stupid questions.
When looking for financing after you already have 3 or 4 rentals, how do you find financing for that 5th rental? Are ...
Isaiah Blacksmith
Wanting to get into Real Estate! Any Tips? Do's And Dont's
Hey guys!
I am very eager about getting my foot into real estate and purchasing properties within the next 6 months. Any tips that anyone could give me would be great. Eager to learn the game! Thanks ahead of time!
Gervon Thompson
Pay off student loans or invest ?
Hey guys ! I have about $34000 of private student loans left to pay off at an interest rate of 3.55% that’s approx 675 per month. I’ve also managed to save 40k up until now, I earn about $5200 per month net. With a c...
Atul S.
Large Transfer - Pay off debts, or keep it and invest.
Hi All, I am a 29 yo male currently employed in a relatively stable job ($100,000/yr). I'm not focused on saving a lot right now and basically, just put money towards my 401k (10%) and am aggressively paying down/off ...
Kwambe H.
Underwater Rental Property - Hold or Fold?
Hello BP! Several years ago, a 22 year old me (and my wife) with a baby on the way decided to purchase our first property (with little to no money OR real estate experience). We purchased this home mid 2006. Fast f...
Antonio Raimondi
Looking for feedback on my gameplan
Hello all, I am a recent college graduate in operations management and am passionate about building my real estate portfolio. I have somewhat of a game plan for how I want to reach my goal; which is $30,000 a month in...
Tate Siemer
12-Unit Apartment Bldg Help me analyze this deal!
View reportI had to customize a bit. We are purchasing the property for $1,050,000 and doing $250K worth of work to it, hence the aquisition price of $1.3mil, but then the loan amount changes, so this is an imperfect...
Edita D.
Hand over to collection or pursue myself?
Hey there!Our tenant owes us 3700$ and he said he is planning to file for bankruptcy.Somebody mentioned that instead of turning the debt over to collection (which charges 40% of collected debt), I can do this effectiv...