Tom Nellman
How much additional debt can u add to traditional mortgage?
Hi,I am interested in purchasing a rental property with a 30 yr mortgage. The rental property is $85,000. I also carry a personal loan of $277,000 that is on a 5 year note, has 3 1/2 yrs left. I have never missed a...
Juan C Osorio
low interest 15 year vs higher interest 30 year loan
Hello fellow BPs.I currently have a 15 year mort. @ 2.875 on a 285K loan on my primary home. I am thinking about doing a cash-out, more less 100K, and going into a 30 year mort. @3.99. I can afford my current paymen...
Brian M.
Debt To Income Limitations
My question is on debt to income ratio and how that metric limits your ability to obtain additional mortgages in order to expand your MF residential real estate portfolio. When I purchase my first MF residential prope...
Jorge Ruiz
When Delayed Financing Fails...
Hello BP! I am in the process of obtaining a HELOC. My strategy is to use it to purchase properties cash ( I am looking for duplexes or anything that is 2-4 unit as opposed to SFR in Milwaukee) using the HELOC and the...
John Crisp
Noob Questions about BRRR
Noob investor wanting to learn everything about BRRR. I have 10k cash and 25k HELOC on home "A" and am researching the best way to get into REI. I recently talked to another investor that recommended I take the 25k HE...
Farrukh Amini
The power of creative deal structuring
Investment Info:
Single-family residence other investment in University Park.
Purchase price: $130,500
Cash invested: $15,000
Acquired on terms (subject-to)
3bed/2bath SFR/renovated in 2016/2car gar...
Farrukh Amini
The power of creative deal structuring
Investment Info:
Single-family residence other investment in University Park.
Purchase price: $130,500
Cash invested: $15,000
Acquired on terms (subject-to)
3bed/2bath SFR/renovated in 2016/2car gar...
Farrukh Amini
The power of creative deal structuring
Investment Info:
Single-family residence other investment in University Park.
Purchase price: $130,500
Cash invested: $15,000
Creative deal (subject-to)
3bed/2bath SFR/renovated in 2016/2car garage/6...
Farrukh Amini
The power of creative deal structuring
Investment Info:
Single-family residence other investment in University Park.
Purchase price: $130,500
Cash invested: $15,000
Creative deal (subject-to)
3bed/2bath SFR/renovated in 2016/2car garage/6...
Wilson Lee
When is it correct to maximize rental income reported on taxs?
When is it correct to maximize rental income reported on our SCHEDULE E (Form 1040) for additional mortgage qualifications?For example, an investor already has a few preforming rentals purchased last year. Now that ...