So we fully own few SFRs rentals under an LLC (no mortgages). And we want to buy few more cash properties. Can someone give me some info on the portfolio lenders? Specifically, what are the current typical rates, LTV,...
If you are leveraging a BRRRR deal. Is it possible that the amount you receive from the bank when you refinance would not be enough to pay off your private lender? How are you suppose to pay off your private lender wh...
I think often newer investors get caught up in cash flow. While I certainly see how cash flow enables people to achieve financial freedom; leave a W2 job, retire early, or allow them to chase any dream they might have...
I have a partner and wanna run a possible strategy by this group.
Say I buy house X for $200k, get a mortgage on it for $100k, then quit claim it in an LLC and sell half of the LLC to my partner at the same valuatio...
In a recent post I follow I saw someone calculate the leverage percentage of a the deal being discussed which got me thinking. I know of the 1%,2%,3% and 50% rules but I don't think I've seen a general guideline on pr...
We own a 3 family in Syracuse, NY that is paid off and held in an LLC. We are looking to leverage some equity for our next purchase but can’t decide on a cash out refi or a heloc. We know heloc’s can be tougher with I...
I connected with someone recently that said they are paying $600K cash for a 6 unit that is going to generate around $110K in GOI per annum. Wouldn't it be better to put that $600K towards a 16 unit apartment complex?...
Hi everyone, my name is Marshall Snyder and this is my first post on bigger pockets. I am an 18-year-old in Indiana and I am a 50% owner of two SFH's with the other 1/2 being my father. I also personally hold about 11...
Alright bigger pockets folks I am struggling with a topic that is talked about a lot concerning debt. Disclaimer I am a product of Dave Ramsey. So I am 100% debt free personally, within my rental business I own 13 do...
Would you guys be against paying cash $50-100K for a property once a year?
I understand that you could build a portfolio faster by leveraging and at the same time earn so much more. But, if you didn't want the risk ...