Ryan Johnston
Should I sell or keep my long-term rental when it isn't cash flowing?? Please HELP
I bought this property as a brand-new turn-key property in December 2022 (3bed & 2bath-1544 sq-ft). Lived in the house for 1 year. For most of the 1st year I house hacked and rented out my 2 spare bedrooms, for 6 ...
Jessica Wainscott
Delayed Financing vs Cash-out Refi
My husband and I just purchased our first SFH investment property and are planning to use it as a short term rental. We paid cash and are planning to get our money back out by financing it in order to purchase additi...
Donald Wayne Hayes
house hacking, first time buyer
I've started the process of running the numbers on multifamily properties in my area for my first house hack. Since i will be doing a FHA load with 3.5% down i noticed most of the time the coc returns are negative wit...
Barbara Hlavaty
Texas Refi-Cashout - Duplex - New rules say not allowed???
My daughter was doing a cash-out refi on her duplex, but her lender just said the following. Has anyone heard Texas Cashout A-6 for multi-family units are no longer allowed? Does she have any other places to go to ref...
Danny Webber
Best thing to do right now to prepare for the new REI Market?
My #1 suggestion is to "GET LIQUID/STACK CASH" and be ready to make offers
#2 Get intimately familiar with Loan Assumptions/Mortgage Wraps
Shatrice Cherry
MTR in Cincinnati, OH
I just recently closed on a LTR and curious about the demand for MTR in the Cincinnati and Columbus Ohio areas. I would love to hear from anyone doing MTR in the area.Things I’m looking to learn:How much demand there ...
Tyrus Hampton
Mobile homes vs Single family & multi Family
Hey everyone, I’m a college student trying to beat the rat race early on. I have a question about mobile homes, single family & multi family properties. I’m currently in the process of setting up an LLC to buy my ...
Reade Milner
Seller Finance Deal, Low cash flow, but $0 down
My wife and I are considering buying my mother-in-law's house in a seller-financing deal to use as a rental property investment.Here are the details:- Purchase price: $150K - Interest rate: 4%- Mortgage: $668- Expect...
Ayne C.
Paying off mortgage, them getting a HELOC
I'm considering paying off our primary residence mortgage in full and then getting a first position HELOC to use for short term money (for new BRRRRs). I'm my head it seems like a killer strategy. What am I missing...
Samantha Springs
Selling Investment Property to Pay Down Primary Mortgage
BP! Would love some thoughts and opinions from the community. Here's the sitch:I purchased a duplex in LA in 2020 with a sub-3% interest rate. I moved out of it and now operate it as a rental (one unit LTR, the other ...