William Kuczmera
Is Cashing out my 401k to buy a duplex a good idea ?
I currently own and live in one side of a duplex I picked up just over a year ago. I am anxious to purchase another. I am strongly considering cashing out my 401K in order to be able to afford the 20% down payment tha...
Jen Lucas
Can I really retire early on 4 duplexes?
My husband and I are DINKs with a plan to retire early, well go to very part-time, that seems too easy, and I'm hoping the experts (you!) can help us vet this plan.I'm 39 and my husband is 46. We live in Austin, TX an...
Tyler Wright
Cash down or use line of credit for first rental
Helllo everyone, I am new to REI and taking the time now to learn as much as I can. I am looking to buy and hold on a single family property in the Richmond, Va area. I currently own my own house and was wondering if ...
Jonathan Perez
Duplex analysis Columbia SC... am I forgetting anything?
2 beds 1 bath both sidesfully and currently rented for $640 new roof, good condition inside and out1512 sq feetPurchase price $120krents ($640 a unit) total $1280I am using FHA loan and the details are3.5% down3.75% ...
Melanie Moore
Opinions on debt before buying another home
Hello everyone,Please share your opinion on my plan or tell me if I'm wasting time waiting to pay down some debt.
I currently live in my home and owe around $79,000.00 with 4.000% interest in Arkansas. I plan to ...
Travis Fisher
Life savings to pay off Only Rental house?
Sanity Check.Take $115,000 of $125,000 life savings to pay off a my only rental property in Abilene, TX. Immediately take out a commercial line of credit (I'm pre approved) at 75%, which will be $150,000. Rents $1495...
Account Closed
Has anyone started investing with no money? and ended up gaining good/amazing income?
I'm just asking just to ask. I am still saving money for a down payment on a rental property out of state and i understand none of this should be rushed, but I am wondering if anyone has ever started investing with...
Drawyan Zhang
Asking For Advice On A Flip Candidate
Here is a deal I see and can't figure out whether to flip it or not, is it too risky? Assuming the numbers are all correct.1. The house is located in an A+ area, best schools, after repair value / neighbor price is ar...
Nick Scalero
Self-Directed IRA questions
I'm considering a self-directed IRA but have a few questions.
First, If I purchase a house outright how do I calculate ROI? Is it simply (Monthly Income - Expenses) * 12 / Purchase Price?
Second, since I pay Taxes,...
David B.
North Franklinton - Thoughts?
Hi all
I have three duplexes in Columbus Ohio as an out of state investor. Two of them are in North Franklinton off of Hayden Ave. There are a lot of rehabs happening on that block - I just finished one and am about...