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Greetings BP Friends!
Hope you all enjoyed the long weekend.
Here is the situation:
I currently have a 15 year fixed mortgage on a MF @ 6.75% (Long-term hold)
Was considering re-financing and f...
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I am planning to buy a rental property in Boulder, CO. The property will result in slightly (about -$500 annual) negative cashflow after considering all usual costs (P&I, HOA, Repair etc). However, if I buy this p...
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Hi BP community, which one would you advise to be the next move for financing of next investment property, given the following options:
1. Get a business line of credit for a single family home owned under our LLC. ...
Just bought my first rental property (1 bedroom condo) in the Walnut Creek, California area (SF Bay Area).I bought it all cash so I don't have any holding costs other than HOA, and property taxes.At this point, I'm no...
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I am in the position to take over a house via QC deed from a long-distance relative, the agreement is $10,000 cash paid to the relatives guardian. Additionally there is about $4,000 in back taxes owed. The house need...
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Hello,I have been trying to figure out a better way to purchase real estate without burning through cash.I’m considering opening up a HELOC on both my rental properties since their value has grown since purchasing the...
I have an investment thats been stable. has not required much upkeeptwo years iv owned it without much difficulty finding renters hvac, roof without issues so far but are on the back end of expected life. House 2004....
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Hi, I understand rental properties are not earned income so you don’t have to pay self employment tax on them. Has anyone fixed up flips or built new construction and instead of selling immediately, either rent...
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First time investor, hopefully the start to long term financial independence. As someone starting out as long term buy-and-hold rental investor, we are looking for relatively good conditioned places in $125-300k/unit...
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I am a new RE investor, I live in South FL but since my money can go further in Ohio I have set my eyes on Cleveland area and Akron as cities to invest in. In the past few weeks I have learned to steer clear of East C...