Hi all -- I'm trying to build out some kind of cash flow projection formula for analyzing properties. I'm looking in Grand Rapids/Holland/Muskegon/Kalamazoo MI.
For simplicity's sake, assume a $100K property renting ...
Hello,I have a 500k mortgage on a triplex @2.5% interest and 250k of cash in sitting in a savings account yielding at 2.5%. The treasury bill yields are getting close to 5%. I am feeling tempted to invest my free cas...
Hey BP,I had this conversation with another RE investor today, and wanted to see what the forums thought. IF you have a larger RE Investment Cash Account ready to go for your next investment, would you rather keep it...
Hello, do you recommend setting up a separate LLC for each investment property?
Hello, I had closing set today for my cash-out refinance. The attorney/notary never showed up with closing documents to sign & rocket mortgage had already released the funds to my bank account. Did I just gain fre...
Today a realtor I made an offer told me, in a few words, that my goals were crazy. Sure, it was a low ball almost 1/3 less of the asking price. But the offer is what make sense for my goals: 12% CoC and $100 of free c...
I have significant investment capital and a couple of single family properties that I own free and clear. Now what? I've made some investments in a rush and on impulse in the past that didn't work out so well. Vowing ...
What is the best way to access the equity in my paid off property so I can use that money to purchase more properties?
Anyone else considering doing this? Is this a crazy plan?My plan:
My wife and I lost daycare so we're splitting time off to take care of our children.
We have significant cash reserves and 75% equity in current RE ...
Hi,
I own a duplex free and clear that is worth about 300k. I want to explore options of how to leverage the duplex to get home equity lines of credit or similar revolving lines of credit. Do you all have any options...