My question is, should I refinance and get as much money out as I can, or not?Specifics:Duplex, bought/rehabbed for $210K ($60K of our own money) We owe roughly $150K.ARV: $265KInterest rate on current loan: 4.875%Cu...
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Hi all,My realtor has this property for sale and I was thinking about purchasing but as it sits has no COC return. They wanted 500k and have come down to 475 and I was looking to offer the 425K and at thi...
I'm really trying to figure out which is the best strategy. I can cash-out refi on some properties and get similar interest rate to what i currently have or even slightly lower interest but I would be starting the 30 ...
Looking for advice: I am a newbie to the REI world. I have been working towards paying off debt for the past 9 months. I have $73k down and another $75 to go (Mostly school loans). I have a $1128 in debt payments + an...
I am considering purchasing a 11 unit. The building seems solid with a great rental history and solid tenants. My only concern is the person is asking for a little more than the assessed value of the property, wh...
Hi All,
I currently live in NYC and have been interested in real estate investing for a few years now. I have spent these years learning some of the basics via books/biggerpockets and saving money for a future real e...
So I'm getting laid off from my day job starting Sept. 1. The office I work in is closing so 62 of us are getting terminated.
My wife and will be able to survive on the decreased income that I will be receiving from...
Anyone have issues with 3rd-party channel management or smart pricing software not syncing properly to booking sites? I've been using Beyond Pricing, where on numerous occasions, changes I've made to rules on Beyond P...
Hi All,
I purchased a condo as a primary residence in 2005, but it became a rental after I had to relocate. Since then, rents in the area have decreased resulting in a negative cash flow on the property. Property val...
Investment Info:
Small multi-family (2-4 units) fix & flip investment in Fitchburg.
Purchase price: $184,529
Cash invested: $36,906
Sale price: $250,000
Contributors:
Jonathan Bomba...