Soh Tanaka
Best way to get the equity out
I'm considering using equity in my house to purchase a rental property. I can get a home equity line of credit, 2nd mortgage or do cash-out refinancing. What would be the best option?
Richard Sherman
WHY I am NOT building 12 additional Units on Land I already own!
I was responding to another investor's question on building and thought this might be useful for others.Background--32 Unit property just west of Salem, OR which was originally permitted for 40 units, but only 32 were...
Stephanie Nurre
HELP: Bought a house that will likely be condemned
My husband and I recently purchased a house in Lake Forest, IL that needed some rehab. We did all of our due diligence (three mold companies, chimney inspector and regular home inspector). After beginning the mold rem...
Samantha M.
2% Rule on SFR
Basic question about the 2% rule on SFR, which states rent must be 2% of the properties purchase price.
Is the 2% based solely on the purchase price or does it include repairs as well. For instance.
1) Purchase Pric...
Lee Syndergaard
Went to a Seminar and it Was Actually Helpful, Not Pushy Or Hyped
I recently rolled the dice and went to a free real estate seminar, defenses up. I was actually impressed: no guru, no hype, just good info on the local market. Of course they had their agents peppered throughout the r...
Jacob Siefkes
Minneapolis Property Analysis - What Am I Doing Wrong?
Hi All,New investor here. I live in NYC and have decided to begin my real estate investment career in the Twin Cities. Having gone to school there, I’m fairly familiar with the area and believe there is great opport...
Tyler Anderson
High salary and 300k in cash but can’t get financing.
Foiled by student debt again!
I’m a young professional with a high salary job, good credit score, 50K saved up for investing, but high student loan balance (due to be forgiven in 5 years through PSLF, so I DO NOT wan...
Ayodeji Kuponiyi
Should I Buy a Negative Cash Flowing Property?
Many times on BP I've read "buy a cash flowing positive property". What about a negative cash flowing property? I've read that you make your money when you buy, does this apply to a negative cash flow property? I'm su...
Lily Ardila
Vacation Rentals 1,000 miles away from primary residence?
Hi All!Currently looking to purchase our first vacation rental/second home with 10% down. We live in the metropolitan Washington DC area and as you can imagine, its pretty expensive to really pay 10% on anything here ...
Jessica Parker
What BRRRR strategy is this?
So I was listening to episode 150 with Luke Swab. Brandon was talking about a BRRRR strategy he did a webinar on. Unfortunately that webinar is from 2015 and from what I've seen they only go back to 2016! Anyways, ...