Nick Pacheco
Smart to buy (owner occupied) with student debt?
I have $60K in student loan debt. I am interested in purchasing an investment property (I will live there) while renting out the extra rooms. After a year or more, I will move and rent all of the rooms out. Smart m...
Mike Lynch
Should I sell it or rent it?
Hi,
A while back, we moved from a small Ranch Style home 7 miles from Holden Beach NC, ( 3 bed 2 bath ) which is worth around $240,000 today. We took out a loan for the price of $107,000 in 2001. It needs to have som...
Gabriel J.
Duplex Investing w/ Family
A family member wants to invest with me and let me borrow 50k. I was going to either use his money in two ways but wanted to know the best option. If there are other options let me know.1st: Hard money- for the BRRRR ...
Diego Gutierrez
LTV and it’s benefits
Hello all, hope this finds everyone well. I am brand new to this realm, and have lots of questions. One thing I would like to understand better, is how do you use the LTV to your advantage? Thank you guys and gals for...
J. Martin
Go Refinance Again!!! 10yr Treasury meteoric drop the last week!
Call up your mortgage broker! Get your documents together!Average 30yr mortgage rates have dropped from around 4.0% at the end of 2015 to below 3.6% being quoted today. That's 40bp in a little over a month! We are now...
Joel Matthews
How to partner with Developers for new construction
I have been eyeing this corner intersection property for a new construction. The property across the street has been rezoned for a multi family. So I inquired about this corner abandoned house, and I just got word tha...
Matthew Drew
Seller unwilling to budge on price
Hello,
Need some help here. We are trying to purchase another rental and the seller needs some help. The home is in a great area but the house needs at least $40k in repairs. I wrote a letter that walked through t...
Kyle J.
Are you wealthy?
Saw this article on MSN Money today: The answer to this question will tell you if you're wealthy. ---------------------------------------------------------------------------------------------Excerpt from the article:...
Justin Wilcox
BRRR Question about Financing
This question might sound like it has an easy answer but I don't understand. Please bear with me.Here is the scenario:I purchase a house for $100k, put 20% down. I renovate the property, it is now worth 150k. When I g...
Kip S.
Philly Triplex..Would you do this deal??
Hello,I'd like ask for your advice on whether a deal is worth pursuing. Here are the details:FSBO Triplex in a nice neighborhood in Center City Philadelphia. Selling price is a little over $500k. Gross income = 46k/y...