Chase Cadle
Mortgage Payment and LLC
Hello,I have a question I'd like to ask for clarity. A buddy and myself have started an LLC for investment properties. We recently closed on our first property this month! To get a better loan, I put the loan / mortga...
Jimmy Kiefer
Just bought 1st property! Financing type question
I just bought my first property and will be taking out a loan for $115,200. I am torn between a 15 year mortgage at a lower rate and a 30 year mortgage. A 15 year mortgage costs $60,000 less in interest but reduces my...
Nuhan Demirkan
Debt Financing vs Equity Financing
Hello,I have been wrestling with this question for a while and I'm hoping you would be able ease my anguish. My three sons, my wife and I have a partnership that owns 15 rental SFH's. The cash flow is good and we have...
Kit Peery
Hi, I'm a new member from the San Jose area
Hello,My name is Kit Peery. I've recently moved to the San Jose area from Columbus, Ohio. I'm in the tech industry, but I'm going to transition to real estate investing over the long haul.I would love to network with...
James Krywin
Deciding if it will be a good investment to rent out or sell existing house
Hi All,I am in the process of moving and am at a cross-roads. I need to determine where I should sell or rent out my house. To do so, I am need to understand what is considered the "breakeven" and "target" % of rent v...
Shawn Trousdale
Do lenders require a fee to get into a conventional loan for investment property?
My wife and I are looking to get into an investment propoerty in Texas. We are using personal contacts to gain knowledge and get conected with professionals. We have been prequalified for a conventional mortgage at ...
Ash Ab
Am I wrong about renting vs buying?
Ok so I'm just trying to think in advance. So I just finished residency and signed an offer for a position to be making 330,00 a year. After taxes, insurance deductions etc Ill be taking home 190k a year. Now I signed...
David Morgan
Insurance needs for Subject To Lease Option?
I'm getting ready to close soon but I need some assistance on how the insurance works. I saw Grant Kemp say that the new buyer goes down as "insured" and seller goes down as "additional insured." What happens to the i...
Jason Prendergast
Does anyone use mortgage brokers?
We're looking to buy our next property and wanted to know if mortgage brokers are a good idea. The 2 of us have very demanding/time consuming jobs (that we plan to get away from, thanks to BP) and dont have the time t...
Jason Malabute
improving ROI on cash purchases
How do you improve (increase) your ROI on cash purchases for hold and rent deals ? How about for BRRR?When I'm practicing analyzing deals I find that I CF but my return on cash is not impressive