Billy Farley
Consolidating credit card debt, best options.
My wife and I currently own 3 doors and moved to a new larger city in hopes to come continue our real estate investing journey.Over the past year we have dealt with death in the family, 3 totaled cars, medical bills, ...
Ben Roberts
Second set of eyes in Memphis
I'm considering a buy and hold or potential wholesale deal in Memphis, TN and would greatly appreciate a second opinion.ARV: $55,000 Purchase price: $43,500 Rent: $775 / OccupiedMgmt: $77.5 Repairs ...
Chris Smith
Splitting a parcel out of the mortgage
In June I purchased my first property. 2000 sq ft dumpster home on just shy of an acre. The home is zoned R-10 but there were two parcels combined for tax purposes back in the 80's. The county has said they can be sp...
Tandi H.
What COC return do you require?
We just offered 280k on a listed 299k triplex, they countered with 295k, we didn't budge, the deal cancelled...Just ran the numbers at 295k, to see if we should have offered higher, and it's 13.24% COC return. I feel...
Salvador Olivares
What is the best way to pull out equity?
Hello, I wanted to know what would be the best way to pull out equity from my home to reinvest that into a rental property. I have a 3.30% interest rate on my current home. I know that the interest rates are a lot hig...
Santosh Prabakar
Pros and cons of LLC
What are the Pros and Cons of moving the rentals to LLC. Can the lender object moving the property to LLC?
Andrew Owen
Newbie question: Do Driving for Dollars and Conventional Loans mix?
Hi All, maybe a dumb question: Looking at a potential flip and wondering if anyone combines driving for dollars/off-market with conventional loans? All the book examples out there seem to only point to making cash off...
Brandon Hartman
Calling all 1031 Exchange experts - Off standard question
As part of my partner and I's year two growth strategy, we will each be purchasing a duplex with an FHA loan that we plan to separately house hack for two years (me with my girlfriend, he with his current roommate). ...
Edi Alfaro
Can i use my equity to buy second rental
Hello i have a house which is fully payed off for its valued somewhere between 60-70k is it possible to take a loan off my property combined with cash to buy and if so what is general interest on the loan.
Account Closed
FHA Season Period Question
Hello....My husband and I are looking to secure an FHA loan for a property in Texas (Dallas). We live in LA. This is our first FHA loan. I'm not sure if we can live there yet or not. If his sister were to live there ...