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I have two properties my primary worth 135000 and i owe 86500 . My second property is a rental , rented steadily , I owe 46500. Its worth 72,000. I have a equity line of credit of 50000 open to use. Would it be worth ...
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Hello!My husband and I own 3 multi family properties. We found an amazing deal nearby that we want to BRRRR. We have the cash to purchase and rehab. However, my husband just took a part-time job as we’re making the tr...
First time poster! Without diving into too lengthy of a post.Bought first rental property just over 2 years ago.Used a HELOC to do so at 5.1% locked rate so investment property has no note on it.Have an option to do c...
When I start wholesaling I am going to be making a lot of cash offers, the problem is I don't really have an idea how much I should take away from the price when making a cash offer.
I'm looking to invest in the greater Fort Worth area- Specifically SFH's in the 85-130k Range. My question to investors is as prices have gone up across the board in DFW, are you still able to cashflow around $400/do...
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Hello, my name is John Wheeler and I am wanting to invest in a beach house STR in Texas. I’ve started reading books on STR, does anyone have any other recommendations on education? Also, if anyone has any information ...
Hi! I’m new and I’m just starting to plan and find the strategies to help me get the next rental property. Property #1: conventional loanProperty # 2: fha loanProperty #3: 30K to put as down payment, but can’t apply f...
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In light of the recent 50bps rate cut, we're starting to see an uptick in requests for Freddie Mac SBL and Fannie Small Loan multifamily loan quotes. Given the recent pickup in activity, I thought this would be a good...
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Guys, I need some help in thinking through this scenario:
A property that has breakeven cash flow with appreciation in line with average inflation and minimal expense over 30 years. Lets say it cost 500k and I put do...
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Hello BP!For all of my cash buyers that buy and hold for cash flow this question is for you.Do you bother to get an appraisal if the purchase price meets your cash flow requirements?