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I found a stash of duplexes that I have become interested in potentially purchasing. The numbers look solid at 13% Cap Rate. The 2% rule is at 1.5 and COC return is close to 30% (20% down). After feeling good ab...
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hello,
what are the pros and cons of using a heloc on your primary home to purchase your first rental investment. Wondering if it's a good strategy. Or a horrible decision.
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Hello All, I’m looking to purchase my first property in a couple of months and I’d like to purchase a duplex or triplex in the New Rochelle area. I would live in one unit and rent out the others. I’m very new to New Y...
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Can someone share how the process goes after finding a deal that you are ready to buy. I know that no one experience is the same, yet I want to try to generalize what can be expected with real estate transactions. 1)H...
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This may be a rudimentary question, but if you own your primary residence outright, is it a good idea to pull out at HELOC on your home so you can acquire property, rather than going with the traditional loan or a har...
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Hi guys, so I currently live in Los Angeles, an expensive city and well.... I grew up here and have wanted to own real estate for a while. My parents own real estate here, and for them it brings them approximately 5,0...
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I'm looking for some advice on purchasing properties at tax auction in Michigan. What issues should I be aware of? I've never participated in an on line property auction and I'm very curious. Any advice is appreciated!
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What puts the third R in the BRRRR strategy for you?I am new to this, but it seems that it’s assumed everyone will use a cash-out refi to pull their money out each time.If you were to instead open a line of credit(HEL...
Hey, everyone. I am in the market for a home, but there is also an excellent opportunity to purchase a rental property that has some equity. Buying the rental would obviously take the cash that was intended for my pri...
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I have 5 single family rental properties, all in the northeast part of Ft Worth, Tarrant County, TX. I bought number 5 this past summer, but the other 4 I've owned for several years. As are result, I have about 50% e...