Forest Williams
Do I borrow the money for rehab 10%
I have a chance to barrow $20,000 from a loan club. What I would like to do is use it along with a Hard Money Loan as the 10% I need (example Hard money lender does 85 or 90%%)Will this work is it a good idea...??Than...
Eric P.
0% for 21 month credit card as backup to get started?
Wife and I want to make 2017 the year we jump in. Too much analysis paralysis. Our thoughts are to start with a property around $100k. Approved for a 15% down loan with an online lender. We'd want 6 months of bill...
Jon Yost
Port Richey investment properties
I'm looking to invest in the Port Richey area. Does anyone have any experience there? I'm curious how the rental market is and what you think growth in the area looks like. Thanks!
Andrew Thomas Vedder
Pay down primary or save for first rental
Q: Should I pay an extra $500 on my principal on my primary residence or save it towards a rental property? Overview: New homeowner, $120k income, ~7K monthly net income after deductions (Roth max, 401K, healthcare), ...
Michael Ealy
How to Buy a 41 Unit $0 Down and Make $400K profit
When people think of buying a house or an apartment building with no money down, they are thinking of using OPM - other people's money. So they raise capital - investor capital so that the principal in the deal doesn'...
Wakes Andre
Should I pay cash or should I finance?
I would like to buy a rental property for $120 K. I have two options to pay it cash or finance it and buy two similar properties.Which would be a preferred way in this situation to pay cash or finance and why? Example...
Nicholas Jose
New Jersey: My tenant has mental illness and is causing problems for my other tenants
Good afternoon, everyone.I have a tenant (under the age of 21) who is the daughter of a family who rents from my rental property. I believe she may have a mental illness based on what I am about to tell you, so with t...
Irina Badal
Home equity loan vs cash for down payment
Hi. I’m new to BP. I would like to buy my first investment home. I have built enough equity in my primary home. I have cash too. What would you advise to do to pull some equity to pay for down payment and invest cash ...
Art Maydan
Take A Closing Cost Credit?
I’m making an offer on a 10% cap 4-flat to house hack with FHA. It’s $318,000 or $325,000 with a $7,000 closing cost credit. I have the cash for the down payment at $318,000.On one hand, I’d have more cash to get a he...
Brandon Duff
When are you too over levaged?
Ground work:Purchases: 2015 SFH1 purchased 3/2 118k rents for 11002016 SFH2 purchased 3/2 122 rents for 11002017 (10/28/2017) closed on first multifamily (4plex) for 268k 12k in repairs expected rent per unit is 800 b...