Patrick Menefee
Success from the deal that wasn’t
This is a little different success story than most as I don’t have a nice cashflowing property to share, but I certainly learned and will take it to the next deal. BACKGROUNDI just purchased my first property in March...
Rachel Felder
Deal or No Deal? Duplex Primary Residence
Considering buying a duplex as primary residence. Cost is $220K. Putting 3.5% down for FHA.
Mortgage which includes PMI insurance, taxes, house insurance, principal, and interest is $1,570.
Rent for one unit is $900. ...
Jordan Ruby
Should a rental property be the 1st property you own?
I have a wife, two kids and no home. I’m a Canadian who plays semi pro hockey In the US from October to April-ish. When we are in Canada, we stay at my parents Cottage, rent free, as I work a normal job. When the end ...
Vicki DeWan
Line of credit for business?
Listened to a podcast with Britt from Canada and she mentioned using a line of credit. I want to buy and hold and have an LLC already. Does anyone have experience with business lines of credit to get started? I have ...
Danielle McCulloch
Buying out of country Property to use as Airbnb.
Myself and two other partners are looking at purchasing a property in Cabo to use as an Airbnb. All US citizens, however 1 of the partners lives in Cabo and will be hands on manager living at the property full time. P...
Jason Morton
Finally stepping out of the background
Hello, my name is Jason Morton and I Have been a member for a while but have never posted. I have reached a point where its time to jump in. I have owned my primary house in Austin TX for 10 years and currently have i...
Steven Tran
My first short term rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $500,000
Cash invested: $25,000
Purchased a furnished 4 bedroom 2.5 bath single family home primary home that we co...
Lynzie Mackey
Lending issues on getting an owner occupied loan
We have two owner occupied loans and my lender said I cannot get into another owner occupied (5% down) loan, even a year after our last purchase. He looked at our financials and said it's because we have a couple of ...
Vee Turato
House Hack / Medium term rentals
Hi Everyone, I am located in Belmar NJ and am doing MTRs currently. I do regular rentals as well and did Air bb too. Was wondering if there is anyone in the area that is doing similar, where are you finding your MTR l...
Sean Hughes
First Rental Property
Any advice or even just something you wish you knew before owning your first rental property would be greatly appreciated!