Those of you guys that have been at this awhile talk to me.... Is it a bad idea to use wholesale profits to pay for down payments on rental properties. Obviously one would need some cash reserves ICE. But are there an...
I stumbled across this guys website this past weekend and read this post. I just wanted to know peoples thoughts on this and if you believe it would actually work?
How to pay off your house within 5 years using the...
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...
Ok so for first time new investors, i went to multiple of banks and there is no such thing as no money down or 3 or 5 percent low down payments, its normal 20 or 25 percent down, so only way i see to profit from rent...
I'm in the process of purchasing my first rental property and trying to get all my ducks in a row. As of right now I have't settled on a property management company and not sure how long it will take to settle on one....
Hey BP,
Quick Question:
What is the best way to collect rent from tenants? Checks? ACH? Software?
Thanks!
I'm a landlord in New York City with 4 units and wanted to know how landlords in NYC collect monthly payments from their tenants other than by mailing a check?
I started a year ago. I have 2 duplexes and one single family. Ive learned a lot on my own, but it takes time to build up that 25% down..how do you find those creative financing properties? I want to add to my portfol...
Hello everyone, I've been looking into home equity loans, Heloc and cash out refinance as a way to finance next deals. Considering interest rates are high at the moment, how do you guys make sense of using the above m...
Hi BPers, So this is one of the many possible REI I'm pouring over before finding my 1st deal and taking the plunge. I'm having a little trouble coming up with an offer Price. I'd like to get some feedback on my numb...