I'm currently considering a refinance on a single family rental property that I've owned for a year and a half. I have approx. $10,000 equity and could really use that money as a down payment for another property. Rat...
Hello Everyone,I have a potential deal I'm looking into and I am trying to figure out the financing portion, more specifically, how I can buy the place and get my cash back ASAP to use on other investments (or just st...
Hi all, I know there are other posts here about using heloc for down payment which are very informative. What I'm wondering is slightly different. I'm looking to buy a property for 150k and put 20% down which is 30k. ...
Hi all,Last year we bought a vacation home near our primary residence in the Denver area. We've been doing short-term rentals with that home, more with the mindset that renting was a means to owning a vacation home th...
Hello all,I recently bought my second investment property. Closes in a month. I’m faced with a dilemma if I should down payment with cash or use existing equity from other property. What would you suggest and why?
So I'm getting ready to close on a property in a couple weeks and will need 40k to close. I have that in my bank but if I use it for the down payment I'll have little to no "cash" reserves. I have a 70k HELOC which i ...
HiI am new in real estate investing and was looking to one day buy a SFD in my area. However, the "2% rule" seems totally shot in my local market. Looking at several online tools and doing some comps on Craigslist, i...
Looking to temporarily move into a single family or duplex to lock in the low down payment rate and rent it out later, but that means less cash flow. What is a good range of cash flow to expect when only putting down ...
we have a pretty stringent operating plan in place. we send late notices quickly, and add late fees etc. we have a tenant who has been chronically late, then is VERY late,and at that last possible moment before we ...
So bear with me here - here's the plan, hoping y'all can help me figure out ideas for the best ways to fund/finance these type of deals -Details:LLC (I have a partner I'm working with) - our plan is to buy land and pl...