Joe Benyi
Numbers Don't Add Up on Rental Property
After reading through BP's "How to Invest in Real Estate" I decided to run the numbers on purchasing a rental. In fact, it's the townhome I rent right now in the Rice Military area. However the numbers just don't add ...
Connor Feist
Seller Financing w/ existing mortgage??
Lets get creative!!I currently own a townhome in Texas that is leased through summer 2024. The property has appreciated since my purchase and rates are also in the mid 7s vs the 2.875% 30 year fixed that I have.I've e...
Chauncy Gray
Amortization Schedule - 30 Year Mortgage
Hello Everyone,
I was at a local real estate investor group meeting last night, and I was told something that I could not believe at first. I was told that amortizations are never good, especially for 30-year mortgag...
James H.
Just when I thought...
... people were inherently good...I'm pretty sure my new property manager is deliberately stealing from me. In about February of this year I changed property managers for a condo I own in Fayetteville, NC. Yes, C pr...
Jordan Hamilton
First deal - Fourplex analysis -
Hi everyone!I am trying to get into my first deal which happens to be a fourplex in Miami Florida (neighborhood of Allapattah). My strategy is to use FHA financing to allow me to put down 3.5% to basically get me in t...
Susan Grinde
Selling a rental to current tenants with seller financing
Really quick scenario...I have a home we purchased in 2009 for $123K cash, rehabbed it and have been renting since 2010 for $600/mo cash flow. Seller's market in Wenatchee, WA and can list to sell at $250K. My current...
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Where to begin?
I'm currently in college and I'm a Finance major. My school doesn't have any type of Real Estate Major. Eventually I'm going to have to run 2 small properties. I feel like what I'm doing in college isn't the right thi...
Joseph Tarallo
How to get a line of credit mortgage ?
I'm looking to buy some properties, but instead of getting a conventional loan I'm looking to get a line of credit so I can be a cash buyer. Is that possible ?
Sean Elliott
Increasing cash flow using Equity Line of Credit
I'm in the process of acquiring a equity line of credit on my investment property. I am considering doing my own escrow and financing the entire property through the HELOC because the initial rate offer of 8.64% is hi...
Chris Seveney
Bank Cut Reserves to 0.
While I am not surprised rates were cut to zero - bank reserves were also cut to zero as well. For those that are not familiar with lending, a major component to the crisis a decade ago was banks had to liquidate asse...