Scott Hawks
Advice on 2nd B&H Rental and Best Way to Fund Down Payment
Brand spanking new to owning rental property. Just started renting out a SFH that i inherited and has no mortgage. Looking to acquire a second property by the end of the year and i have some questions and am looking f...
Christopher Brown
HELOC - Choose lower short term or long term rate
I'll start off by saying I'm a newbie. I love BP!My wife and I are looking to fund our first deal. We have ~25K cash and $75K in equity in our house and we are looking to use a HELOC for down payment and/or rehab f...
Alex Fierro
In over my head?
Greetings all,
New to the forum and excited to learn. I am looking at current multi-unit that needs a decent amount of rehab for a live in and rent situation. It's a small city in Western MA and I've been told by one...
Alex Malyarovich
Noob from northern New Jersey
Hello,I have been lurking around BP for some time now, reading through the different forums. After listening (and continuing to listen) to numerous podcasts, and watching several webinars, I decided to upgrade to PRO...
Sarah Miller
Selling 2 Duplexes - Capital Gains
Hi!! I am currently selling 2 duplexes in NE Ohio. (BOTH POSTED IN MARKETPLACE) Both are money makers (Net around $500/mo cash flow after PITI and expenses). The only reason I am selling is to pay off student loans. ...
Jorge Navarro
Hi All! Newbie - La Quinta CA
My name is Jorge Navarro and I am a full time Firefighter Paramedic. I own a home in La Quinta Ca. I am looking to buy a second property, possibly more hopefully. I am a Newbie, and would like to seek out information ...
Joe Wood
single vs multi member LLC
Hey Guys,I'm debating whether or not to set up the LLC as a single or multi member. I have been reading numerous articles/references on which to choose. Still awaiting my accountants response but he is hard to reach.I...
Christine Stevenson
Seller Improperly Repaired Siding
Hi! My husband and I were first-time buyers and just closed on our house a few weeks ago in Virginia. Since we moved in, we have found numerous undisclosed/concealed defects in the home (e.g. gap between slab foundati...
Greg Myrtil
Investment Financing Needed
I am trying to get financing to purchase a property in Miami Florida. This will be my second investment property. I have enough money to put 25% down as a deposit. However, I cannot show steady income at the moment d...
Tim Jaley
Alternative Downpayment Funding Strategies
Hi All,
I currently have a couple SFH rentals that I used a HELOC (against primary residence) for downpayment and rehab. They needed light rehab, and the purchase price reflected that in the sense that they were clos...