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I've never invested in investment rental properties and I have a question. I am buying a small multifamily unit for $1.535mm and will put down 30% and borrow 70%.If I finance purchase with a 15yr fixed my monthly pay...
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Hi all! My name's Kristen, and I am a recent college graduate with not a lot of cash on hand but am interested in real estate investing. I am currently working on expanding my knowledge and starting with a place to l...
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I finally mustered enough courage to make an offer this week and one of them actually got a counter-offer!!! I still have to run the numbers on the counter-offer, but assuming I accept, the seller is only giving me 5 ...
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Quick question: A year ago, I bought 3 SF rentals for around $125K each (in Kansas City). Each property is on a 15 year note with a traditional loan and they cash flow around $200/mo for each unit.I was planning to p...
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Hello! Thank you in advance for your help. I am trying to import my 2 rental properties into QB and I am stuck at the HUD-1 Statement for one of the condo's. I have spent numerous hours trying to figure it out. I thou...
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Hi, I am trying to see what has worked for other investors and which strategy seems smart. I have lived in my primary home for 10 years and could cash out 40k to buy 2 more rental properties locally. Or should I loo...
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In my market, I wanted to get into duplex's. Upon further investigation nobody is selling a duplex. The only duplex available is one side of the duplex. I have run the numbers and it will cash flow really well, but ...
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In the works of pulling equity from my primary home, but I do not have any contacts on that. Not looking to refinance it. I am looking to buy an investment property with it, and any advice/guidance would be greatly ap...
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Do you pay 2 different mortgages with either one?
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Hey BP members, this is Daniel from Houston, Texas.I have been in "ninja mode" in BP for some time now and I think the time is ripe that I get more involved in the forum to grow and learn from greater interactions wit...