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Greetings all,
I'm finding some good low cost, cash flowing
properties in St Louis and on the Il side of the border. Problem is, my usual lenders will not lend on these
because their minimum property value should...
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Question. Nice amount of 60-80k houses in my area. I have 40k to put into it, in theory that’s 20% down for almost 2-3 units. As far as loans go, can I buy 2-3 different houses or can I only buy 1 at a time?
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Say I have this example
Rental Property: $100,000
Loan Amount: $75,000
Loan Rate: 5%
Years: 30 Year Amortized
Monthly Payment amount: $402.62
LTV ratio: 75%
My money is bei...
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Hi there!
I'm looking to start the journey of real estate investing and read David Greene's Book on BRRRR investing and I'm sold on that strategy.
Of course like most new investors, the biggest hurdle is buying the ...
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Hello,I have about some equity in my primary residence. I am in the process of moving into another property and was going to sell my current home and use the funds to purchase more properties. I recently heard a pod...
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So I have a question regarding the cash 4 keys. I was offered this C4K in the sum of close to 5,000 to relocate and leave nothing by july 1st. Is this a usual amunt or can someone tell me how they come up with a figu...
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Hello BP,
So I have a sfh rental property that I am expecting to pay off fully in a few months. My plan is to use the equity in the rental to purchase additional rental property. What is the best way to pull cash ou...
Hello everyone,
I'm starting out in rental property investement. There are 3 questions that popped into my mind and I'm sure some of you can help me to find an answer ! :-)
- When buying a property with the goal of ...
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Hey, I'm new to the investing world and just requested the 1040 Schedule E from the seller. As I was reading through it, all the numbers looked good to cash flow with, until I came to depreciation expense, which was $...
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BP fam, Can you help me understand if this deal makes sense?The Seller is happy to do creative finance, but is requesting a big amount of cash upfront to go towards loans. All buyers that have responded with interest ...