I have a duplex under contract for 48k. The bank I found that does mortgages as low as 30k tells me (a month into the process) that I can't use funds from my LOC or a gift to supplement the closing costs. They told m...
Mezzanine Debt and Preferred Equity. Part 1. Executive Summary
The multifamily real estate sector has experienced a sharp rise in distress rates, increasing from 2.6% to 8.4% over the past seven months. This surge c...
Hi All, Would you BRRRR a 2 bedroom condo unit for your own personal residence, if at the end of the day you break even on cash flow from current market rents? The positive note it is less than a quarter mile away fr...
I currently own a 3br/2ba SFR in a desirable neighborhood of the Kansas City, Missouri area.Purchasing for 127k in 02/15, financed at a 3.875 rate, currently about 120k left on the note.Since our purchase, home values...
Newbie investor here. I was talking to my CPA on possibly taking a line of credit on my primary residence to fund my rental property purchases, which I’m planning to do through a LLC. She said with HELOC, technically ...
Hello BP my name is EddieI live in new Jersey I have a $265,000 mortgage on my primary residents with about 80,000 in equity. I am trying to purchase a rental property. 1 problem I am cash poor I have great credit and...
Looking for opinions. My family an I are looking to move out of our Duplex after 5yrs and buy what we hope to be our forever home.I had assumed if I can find a property manager when I move out, I'd keep the duplex. ...
So I have 1099 income, business income, and unearned income from two different sources. It doesn't add up to a ton, but it's livable. My credit is over 750, and I've owned my home for close to 20 years, and have a goo...
Hello everyone! I am new to real estate investing but very exciting in networking and learning more. I want to purchase my first primary residence in Louisville, CO but it has become very difficult to make this a...
Does anyone have experience exchanging their small multi family property into a single family home, use it as an investment property then move into it as a primary residence after meeting the requirements? I'm looking...