Robert Rychtarczyk
Starting out ( beginner)
Bought my very first home 3 months ago for 176K. It was a conventional loan at 3.5% down (gift money down-payment). Loan paydown is at 170k(Current). Currently it is a long term buy and hold ( Live in for me and spous...
Dan Buhr
6-Plex too much for my first deal?
I'm brand new to real estate investing and found a 6-unit multifamily house in my area. From what I can gather, there are around $10K in annual expenses (insurance, heat, electric, water, taxes, upkeep). $100K is aski...
Engels Rojas
Am I missing something!?!?
Good morning ladies and gentlemen,
Back in early February I put an offer in for a two family. My offer was asking price, but my closing day would've had to be a month longer than usual. Well my offer was rejected. ...
Michael Needle
DSCR for Conservative RE Expansion
Hopefully this is the right thread for this question and thank you in advance.TL;DR - own a few rentals, DSCR is 1.05, could take out a bigger loan against a property to get more cash for next purchase, DSCR would go ...
Jasjaap Sidhu
Los Angeles - Detached ADU conversion - 150 sq ft expansion for ingress/egress?
I'm looking into converting a detached garage on my property into an ADU. I see on LA County guidelines and CA HCD guidelines that, when converting a detached accessory structure into an ADU, the structure can be expa...
Justin Allen
Looking for Financial Advise for Getting Started
Hello Everyone!I'm looking for some financial advice on getting started. I understand that there are many ways to finance a buy and rehab project. So here's my scenario. I haven't done any deals as I am just learning ...
Trevis Kelley
Debt, no money, decent income - how to start
Warning - this may be a long post - I will try to section it off. I have an on/off relationship with RE as I've always been drawn to it and always screwed it up - and then listened to those in my life who told me tha...
Patricia K.
Getting a mortgage on a paid off primary home to buy a rental
Hello everyone,I am looking into buying a rental home for some extra cash flow and wondering how to go about mortgaging my home to finance the purchases. Does anyone have any advice? Thanks!
Kyle Kline
Private Money or Fix-and-Flip to Build Initial Capital?
Hello,I am just starting out in real estate investing and am seeking advice on how to fund my first deal. I do not have much of my own capital to use to purchase a property and was recently given the advice to either ...
Jaden Ghylin
Buy Cash and refi into FHA
I'm looking to purchase an owner-occupied SFH in Minneapolis in the next few months that needs rehab. I've actually been through the ringer on making offers now and financing is a pain. It seems like the cash buyers...