Fang Underhill
What is your rental equity expectation?
Hi, folks,
When you buy rentals, how much equity do you desire to have when you buy it? This equity means the margin between market value and all in price after repairs.
Thank you for your input. Let's build s...
Matthew Berry
$150k available to invest. Multifamily or an apartment building?
My wife and I did a "house hack" several years ago. We bought a foreclosure from HUD for $56k in cash, fixed it up, and now it's worth $160k. Recently we moved into a bigger house (four kids now) and changed it into a...
Chris Schmitt
Deal Analysis, First Condo LTR
Looking for some advice if this is worth it or not. Looking at possibly purchasing a LTR condo in Florida. Something turnkey in an “A” neighborhood as a passive way of diversifying assets. Not looking to expand to ...
Javar R.
Rental Option
Hey BP,Debating which route would be more profitable as a rental property.Option 1 is a cheap 3br townhouse with HOA in need of new floors in a great neighborhood. Option 2 is a 3br house in a slow market with minima...
Mark Buchheim
I am in CA but properties are in OK
I live in Los Angeles, CA and I have 8 properties in Yukon, OK. The loans and title of the properties are under me personally. I have a CA LLC that I have run the income and expenses of those OK properties through. ...
Neil G.
1% Buy & Rent Rule?
i forgot where on BP i read this mentioned, but is it some sort of rule?if i remember correctly, the author said something to the effect that bare minimum for return on a good rental property anywhere would be at very...
Jahan Habib
Commercial Financing for an Apartment Building – NE Ohio
I am looking for some advice regarding financing for a smaller (24 unit building) in NE Ohio. I am debating whether to go through a hard money route versus bank financing.Anyone have recommendations on solid hard mone...
Matthew McNeil
Do I sell a healthy cashflowing SFH to pay off a new primary home? Seeking advice...
I just built a new primary home for my wife and I. Monthly loan is $3500. I’m thinking about selling one of my debt free rentals to pay off the loan of the new house – thus erasing the $3500/month loan payment. Cashf...
Brock W.
Single Family, Multi-Unit or Commercial Property?
Hello BP friends- Looking for input from you smart folks. I own a rental valued at $160 k. In preliminary inquiries, I'm told I can expect to be able to borrow 80% LTV. Assuming this, I now have $128 k. I'm wonde...
Jacob Powell
First time owner occupied
How do you feel about an owner occupied 4 Plex or duplex? Iv been looking around for places in my area my wife and I are wanting to buy a place while we are finishing up school. What have you guys experienced with st...