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We've done some great deals but realize it may be stopping us from true growth. I love the 2% rule and achieve it well, but is that really the rule? 2% of cost for the rent fyi..... Currently looking at a $62k close w...
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I am thinking of taking out a 200k HELOC on my personal property to buy 4 or 5 SF homes to add to my portfolio . The 200k will cover the 20% down on probably 4 homes, each one will cash flow $200- 500 per month, and I...
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What is a good percentage to use as leverage when buying property. I have spoken with proven investors who prefer 60% while others go for the minimum of 20%. Any thoughts
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View report*This link comes directly from our calculators, based on information input by the member who posted.
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Can I use a hard money loan to put an ADU on my property? Then refi the loan as a whole after the ADU is built? And with little down.
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I just closed on a duplex and it was a nightmare closing docs not at the title company till one hour after closing,because proccesor never sent it to underwriting till day of closing even docs were submitted three wee...
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Hello everyone,i purchased my first duplex last year with a Fha 203k loan. Here are my numbers.Current loan Amt: $118,000Mortg: $528 Pmi:82 HI: 90 prop tax:70rental income-$625 (below market) I just bumped my inherite...
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I currently own one property through an FHA loan and I am looking to acquire a second one. I found a deal that would be cash flowing from day one. I would move into this new property and fully rent out my current 3-un...
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Hello, I am looking at taking on multiple flips in the near future, and am curious how this may differ from doing 1 at a time. I am currently investing in Edmonton Alberta. Can you utilize more economies of scale? Are...
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Is it possible to invest in individual tax liens? If so, How might I go about doing that?