Hey there! So I have a current duplex that I am completely renovating and there are existing gas lines in both units.Do you go with gas stoves or electric stoves in your rentals? I can see potential hazards with eithe...
Hello all,I currently own 2 properties under the VA loan and am looking to acquire my 3rd VA loan property.I recently established an LLC for liability purposes. I am wondering if anybody here has every transfered thei...
Yesterday, I had the opportunity to drive through a potential community with my parents. One of the regular comments was about the condition of the park and how badly it needed to be cleaned up. This is the point, if ...
Hello all,I will have a line of credit of 800k at 2% interest only payments. I would like to be as leveraged as possible.Is it possible to purchase investment properties with 20% down (800k buys 4MM of investment prop...
Coronavirus closed my business and I can't really spend what money I have in my bank account at the moment. However, I own all my rentals in cash and my buddy recommended I open a HELOC on the units so I can get the b...
Here's a controversial topic! As someone who's gone from being a financial advisor to a real estate consultant for the past 20 years, I've noticed a disturbing trend regarding newer investors more and more. Why are pe...
Apparently as prices are rising, FHA is increasing their limits to government backed mortgages on average by 6.4%:
https://themortgagereports.com/34740/fha-loan-limits-are-increasing-thats-good-news-for-borrowers
So...
There is a storage complex, purchase price is 550k. The owner decided he wants to owner finance a 400k down payment and carry the note on the remaining 150k. Could I get a commercial loan for the down payment and let ...
Take a look at these photos. The trees make the house look very dark. They are also pretty close to the house and sidewalks. The trees are both in the power lines. Do you think I should try to remove these if I go for...
I am a newbie real estate investor and in my first year have purchased, rehabbed, and established steady cash flow on 4 units. I want to continue adding units and my ultimate goal is to get to 12. However, I am runn...