Steven Catudal
Help getting a loan in US while living abroad
My parents are currently living in Germany but want to buy a property in the Panama City, Florida. They plan to rent it out until they are ready to move back to the US. Their current income is in Germany but they file...
Dyami Pike
Second home mortgage
I talked to a lender the other day about options as far as mortgages go. Has anyone used the second home mortgage? I noticed it had a lower down payment (10%) and as long as you occupy it for 14 days a year or 10% of ...
Raj Palem
Need advice on cash flow vs appreciation SFH investing
HI, I have 8 investment properties which are mixed with cash flow and appreciation markets. I just sold one of the home in appreciating market with 1031 exchange. debate whether i go with 3 or more SFH homes worth of...
Nick Gray
Are Short-Term Capital Gains 1031 Eligible?
Hi, I purchased an 8-unit set of townhouses in Seacoast New Hampshire in September 2020 and renovated all 8 units from October to January. The total project cost was ~$1.0M and now, based on current income/expenses an...
Ronnie Neal
Newbie
Hi! I'm currently in the Southfield/Detroit MI. area I'm a Barber Student about to graduate in Feb,2015. My goal is to have a passive Real Estate income aswell as OWNING a building for a Barbershop. I have no current ...
Lance Williams
$300,000 What would you do?
Hello, I am approved for a conventional loan with 3% down for up to $300,000. My goal is to replace my current income with cashflow from rental properties. In this situation, what would you do? How would you start?Lan...
Anthony Perez
Rent Stabilization and Deregulating six families in NYC
Hi, I just wanted to know if any of you had any information on raising rents on six families in New York. I have deal at the moment with low market rents. I want to go ahead and rehab some units but need to factor the...
Joshua Bowers
What would you do next?
If you had 30k in the bank, a SFH with a VA loan being rented out (currently about 80k of equity), and current income of about 10k + 19k rental income a year while being a student for another 3 years?
I want to buy ...
Marcus Robert
Cashing out and would like opinions on leverage amount!
Greetings:
I am doing a cash-out on my 4-plex. I bought it in 2013 for 274k and it is now appraised at 500k. Even so the appreciation is nice, the Gross rent totals $4640 and has room to go to $4800. Note, I pay...
Ray Day
Inherited 12 suite bldg needs repair
I'm in the process of inheriting a 12 suite bldg from grandparent. The bldg needs almost 200k in repairs but I know the monthly gross can be at least 8k a month. Not including a restaurant storefront on the property. ...