Isiah Ferguson
Me and my wife need to choose ? what's your thoughts ??? HELP
We definitely need some advice moving forward. Thanks in advance !!!Me and my wife combine currently make $55K a year which will potential go to $70k a year with my new job offer. I'm currently in the background phase...
James Syed
Reserve for a single family rental
Hi everyone,
How much should capital reserve be for a single family rental when analyzing a purchase price? The house is about 50 years old in OK condition, 3 Bed, 2 Bath approx. 1500 sq. ft. I thought $1000 ...
Seth Jacowski
Back Up Funds
Hi all,I recently bought my first rental about 4 months ago. I think I am ready to buy another one but am curious on what others stance is on reserves. How much cash do you keep in reserves in case of emergency. I don...
Travis Hatch
Closed on my SECOND deal, in Denver Colorado!!
Investment Info:
Single-family residence buy & hold investment in Aurora.
Purchase price: $396,000
Cash invested: $20,000
I'm very excited to say this is my second deal! This is a single family ...
Rich Hupper
Apartment Building Primary Residence
Hello BPI really want to owner occupy a multi unit building anywhere from 4 to 10 units. I know you can homestead and owner occupy 4 unit buildings however can you do it with something larger than that?Also in terms o...
Blake Edwards
Never Be Embarrassed!
Investment Info:Single-family residence buy & hold investment.
Purchase price: $18,500 Cash invested: $800Bought for $18,500Closing Costs including downpayment $4420Appraised for $21,000Rent $800Cash Flow ...
Sam DeBenedetto
Does rental mortgage count against DTI for personal residence?
Hello and here is my situation. I have two mortgages currently for investment properties that are used as rentals. I purchased one property June 2014 and another in November. Both are excellent cash flow generators. I...
PeTika T.
Jacksonville Newbie $10K Dilemma
What to do? I am new to Real estate and want to get started. The question is, do I use $10K to try to secure my first deal (SFH, $65,000 or less), or do I keep it as my personal emergency fund then try to save for my ...
Jayson H.
Charting a course
With my introductions out of the way, I’d like to jump right in and ask for some advice from my colleagues:Background:Property #1: I currently own (inherited free and clear) a duplex (3/2 & 2/2 and SFR (3/1) all l...
David Cornett
Best Capital Allocation Choice
Looking for feedback on best allocation of capital. Goal is to grow the number of doors , for long term cashflow.Currently have one cash flowing unit and a primary residence. (SFH) Looking to deploy approximately $25,...