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I've been real estate investing for about ten years. I've had as many as five mortgages, but never went over $1M in debt. Question for those who own many rental properties, how much debt is too much debt? Is it comm...
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Buying in Nevada, scheduled to close Wednesday, already received a clear to close. We currently have no car and are renting one until this process is complete. I was intending on purchasing one immediately after clo...
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Hello,
I have a deal that I'm facilitating that's off market. The deal requires around $60,000 cash as down payment on mortgage. I'm planning on providing $15,000 cash along with taking on the mortgage and managing t...
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I have an investment property (100%) equity that I'm taking out 70% LTV to pay off 2 additional investment properties' mortgage. My question is once the 2 properties are paid off, how soon can I take out another cash ...
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Quick question BP. Hope someone out there can help.I have a hard money loan out that the investor has defaulted on. I am in second position and have beaten everyone to the forclosure punch. When I originally gave the ...
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Hey folks - as I'm starting out and looking to make my first move in REI, I've been thinking about my decisions as if I'm playing chess - trying to think 2 or 3 moves ahead. I'm currently living in Los Angeles/Orange...
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I am new to real estate investing. I am planning on buying my first rental over the next few months. I do not have much to start with. I want to utilize the BRRRR method of investing. I am planning on buying prope...
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My wife and I own 6 properties with an average of 50% equity. We have 2 residential properties in high traffic vacation rental destinations that we Airbnb. We own 2 commercial building that we lease out for a profit,...
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Hello BP! I am a newbie and I haven't really posted much. I have been on BP for a few months but never really have taken advantage. Here it goes! So I was thinking about putting a property under contract . I am i...
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I'm short on cash but have good credit and income. I am considering getting a personal loan to help fund my first deal. Has anyone had any experience with using a personal loan to fund their first real estate property...