Zach Chavez
need advice on commercial lending
Ok so ill be straight up honest and would appreciate and advice. I just got turned down from buying a duplex because i didn't make enough money. The duplex only costed 130k so my lender said sorry theres nothing i ca...
John Swiger
Help me save my mom from not having a savings :(
I have three properties that I need to do something with, any ideas would be so grateful. I'm in my late twenties and needing a way to save my mom from not having a savings. Here the properties: 1. My mother's house (...
Amir Navabpour
Do you include rehab costs in COC returns?
I typically view the rehab cost as a separate bucket as my downpayment. For COC I typically look at how much I put down, and then divide my net returns against that downpayment. I don't include the rehab costs as I...
Chris Yeung
Exit strategy for buy and hold investors
This has sparked my curiousity as I have not done this before. What would be the exit strategy for a buy and hold investor?For example, I buy an investment property for 100K(20k down at 4.5% interest) and rent it out ...
Trent Chance
MHP Offer - Need help structuring
I'm about to make an offer on my first MHP.
The numbers look great. I plan to possibly 1031 exchange my first SFR into this property for nearly 5x the return I get now. The issue is I have to actually get the prope...
Julie S.
To sell or not to sell, that's the question
I purchased a primary residence about 3 months ago and have a mortgage. I’m trying to decide on my options with my previous primary residence with no mortgage and worth about $520,000. Previous residence is all fixed ...
Charles M.
Wanting opinions on selling a rental property.
My wife & I bought our first home in '05 in central CA just before the height of the bubble for 142k, spent another roughly 15k in renovations so let's round up all in cost at 160k. After the crash, we moved and r...
Bill DeLuca
Need someone to explain the refinance part of the BRRRR
I cant grasp the refinance and cash out portion of this strategy. I need someone I can call, I cant comprehend it any other way.Home under contract to purchase for $110,000Put down 20% ($22,000)Get a loan for $88,000 ...
Derek Scruggs
Anyone analyzing deals for AirBnB potential?
I'm looking at a deal to buy a triplex in Denver. Based on local cap rates it's nothing special, but if I took one unit for myself and rented out the other two via AirBnB, it would pay the mortgage and kick off 4-600 ...
Dany Kao
Heloc on Investment Property
Hi,
I would like to take out a Heloc on my rental property. Does anyone know a bank or credit who does that? Thanks,Dany