Sorry for the potential newbie question but I am struggling to figure out which one of these properties is a better investment (or if they are both duds!). I think it is that one has a mortgage and one does not that i...
Hello I am a rookie and I would like some feedback on my first deal.
I just signed the sale contract this morning but I haven't closed yet.
3 BR 2 BA 1,500 Sq.Ft
Purchase Price: 73,900
Appraised Value: 110,000
Ren...
Hello, everyone! I've got a question for you. In June, I purchased a house, and we closed the deal in July using a conventional loan. Since then, I've been hard at work fixing it up, and our goal is to complete the re...
Hi BP - I am in the process of closing on my first duplex and I want to use the BRRRR strategy on this property. The part of the BRRRR strategy that I do not fully grasp is how much can one truly cash out after refina...
Would it be a good idea if I would to purchase a Home under a conventional loan and seek out a private money lender to help fund the Rehab cost ?? Has anybody else used this strategy ? Or is there a better strategy fo...
Hi, I know that refi questions came out in the forums in different ways but I couldn't find specific info for what we are looking for.We are buying properties in Phildelphia , implementing the BRRRR strategy, we have ...
My wife and I were just approved for a $100,000 open line of credit on our home; we house-hack a 4-family near Over the Rhine in Cincinnati, Ohio. This quad is our only hold right now, our goal is to own enough rental...
I'm building a new home on a lot I inherited. I'm financing the construction with a construction loan. I intend to refinance that with a traditional mortgage through a different lender. Would this second loan be consi...
Hi. I'm pretty new to real estate investing. I just purchased a rental for cash, using the HELOC on my residence (I got a better deal paying cash). I'm looking to refinance as soon as possible. Spoke with my bank,...
Does anyone have experience with short term rentals? I'm in discussion of some condos on the coast. I've been told some condos are getting $1200 per week to rent. Certainly a better return than even many very good c...