Joey English
Landlording: call of doody
This has been the year of the septic system. So far we’ve put in three sets of field lines and had to learn what not to do on a lower pressure drip system. (After owning one for four years, we learned they have a filt...
Kyle Stueven
How I got my first deal
Investment Info:
Large multi-family (5+ units) buy & hold investment in Sioux City.
Purchase price: $48,500
Cash invested: $28,000
This was a small multifamily deal, 4 unit conversion, that was i...
Jack B.
Use equity in rental houses to buy multiple apartment complexes?
I have enough equity in each to buy four apartment complexes, and this doesn't even count liquid cash on hand. I've heard the financing for commercial real estate isn't that great though, balloon payments, refinancing...
Account Closed
Sewer line inspection - Would you get one?
Would you get a sewer/sewage line inspection? Does the age of the home make a difference on whether you get it or not? I'm purchasing a turnkey and thinking of getting someone to scope the plumbing on a 1980s and 19...
Marlan Jones
Signature Line of Credit
Hello All,
My name is Marlan, I am a fairly new investor and am looking to supplement my buying power with a signature line of credit. I have solid credit(680-690) and verifiable income. Please advise if anyone knows...
Ibrahim Yamini
Should I use a HELOC in this Market?
I’ve been slowing getting myself ready to purchase a second property and it seems like a HELOC is the way to go. Unfortunately, the information I’ve been getting from YouTubers and other sources doesn’t seem realisti...
George Gipson III
Wells Fargo Denied me Debt to income ration to high
Ok I have a lot of choices to make here! I live at parents because I just sold home in December and made about 30k profit. Now I also have a paid off rental my dad gave worth about 140k. He collects rent tho! I want l...
Micah Watson
You put the Refinance in BRRRR
What puts the third R in the BRRRR strategy for you?I am new to this, but it seems that it’s assumed everyone will use a cash-out refi to pull their money out each time.If you were to instead open a line of credit(HEL...
Travis Anderson
Financing your few properties?
So I am new to Real Estate and got a Line of Credit to start things off. Has anyone else started off that way, or how do you finance your first few properties?
Reagan Huefner
Undisclosed Sewer Issues
Do I have a case?I bought my first rental property in December last year. It is a Duplex in the Uintah Basin, Utah. My wife and I moved in to one unit and rented the other to the tenant already living there. After a c...