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Hello everybody I own 21 units (fully paid off) and I would like to refinance without a balloon.Is there such a thing? I would prefer to cash out 70% or more and have a mortgage for 30 years fixed but without a balloo...
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Do Hard Money lenders typically loan to you when you plan to do most of the repairs yourself? Anything requiring a license would be done by a professional, but my husband would like to do as much as he can himself.
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Is it possible to change the depreciation write off amount for tax purposes on a rental property? I was advised to use a 40% land 60% structure ratio applied to the purchase to figure out my depreciation amount (which...
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Good morning you smart people,My husband and I purchased a duplex in Kodiak, AK. This is our first home and first investment property via a VA and First Time Homebuyers loan. We are currently operating as a owner-occu...
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Hi BP, I was just approved for a 25k business line of credit. My business mostly consist of wholesaling so I was wondering if it'll be best to leverage my line of credit for more marketing or should I hold on to it fo...
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Hello BP,
My name is Geoffrey Washington. I currently reside in Nashville, Tennessee and I’m new to investing. I have been reading books about real estate for a few years and decided to take action.
I do not curre...
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I see on most of the forums the 70% rule, 1% rule on rentals, etc. etc.My observations have also seen most of these posts and numbers talk about places in the midwest or middle america. I live in SoCal and would love ...
I know nothing about real estate. I’m still doing my due diligence reading books, listening to podcasts, forums, etc. Would it be smart for me to get a real estate license to try and buy my first rental property or hi...
I have an option to buy a small mobile home park in Henderson NC. Like to get your recommendation if this is something i should pursue further.# of Lots : 6# of vacant Lots : 3# of POH : 0Lot Rent : $200Water and Sewe...
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Hello,I am interested in commercial real estate. How would one find such property? Loopnet seems to be a last resort type of listing and people seem to have access to these property outside the scope of a standard l...