Curt Lawrence
Good idea to use heloc to put down payment on cash flowing units?
Would it be a good idea to use heloc on personal home to put down payment on cash flowing mix use building? Has 5 rental units plus store front in downtown building. Price makes sense just not sure how to get that mon...
Anna Watkins
Need help figuring HELOC payments (using it to pay cash for a house)
Last week I started an application for a HELOC on my primary residence in metro Atlanta, figuring I was going to have to have cash to compete for the better deals in my investing area. The next day I found out a sell...
Burke Fisher
Creative ways to get 30k for a down payment on a already cash...?
Hey Guys, we came a cross a deal that is a rental property thats currently cash flowing and has long term tenants in place. The owner is offering seller finance with 30K down and a 2.89% rate. We really want this deal...
Kadmiel McCrory
Seller Financing agreement but no money to make payments; are there cash loopholes?
where would the money come from if I was to have an agreement for Seller Financing? I currently don't have any money, credit score is fair, but don't want to bother with the banks. is it possible to get money somehow ...
Animesh Das
At what down payment would you want a property to cash flow +ve?
Hello,I understand that the answer to this question depends on the local market. High cost areas, like SF bay area, would need higher down payment to have positive cash flow and vice versa.That's why I am curious abo...
Matt Gehrls
Money's not a motivator for me, need help with mindset
I'm reading Think and Grow Rich right now, and the six steps to change your mindset are very specific of the goal you write that you are supposed to repeat aloud twice a day. The problem is it revolves around money, a...
Ryan Landis
Conventional Loan with Seller Carrying a 2nd?
I came across a property that is FSBO and the seller is willing to carry. I want to know how I can structure the deal to put the least amount down while also using conventional bank financing (strong credit, steady W2...
Alex Jacobson
Coin opearted washer/dryers
Installing a laundry room in my 6 unit. I explored coin operated units and stumbled across a company that has a product that converts any regular washer or dryer into a coin operated unit. I like the idea because I he...
Bryce Christensen
Newbie stumbled into a Preforeclosure
I'm trying to learn about buy and hold for myself, but I just stumbled into a situation with an acquaintance in West Houston / Katy that is in preforeclosure. I haven't done enough homework to know how to help the...
Brie Schmidt
Tenant Questionaire - PM negligence issue
We fired one of our property managers a few weeks ago and are now hearing about issues of negligence and possible criminal activity with missing tenant payments and/or not properly handling security deposits. Because...