Hi all! I'm finally ready to make the leap and purchase my first buy-and-hold rental property. I've recently found one that I like a lot, however they want cash for it. While I have about half the cash on hand, I'd li...
Would you all be so kind as to analyze why this analysis is not Cash Flowing?BRRRR:Purchase price, 75k, rehab 5k. Appraising at 100k. View report*This link comes directly from our calculators, based o...
I am going to place an offer on 3 condos in the same building, and would appreciate some feedback from this amazing community. Here are the numbers:Purchase Price: $105,000Appraised value: $140,000 (based on my CMA)Ea...
I’ve got about $45k in my TSP and had been considering pulling some out via a TSP loan to use as a down payment on a potential flip. I’m not retiring any time soon so I’ve got plenty of time to repay myself, and I’m ...
Is a HELOC a viable option to buy a SFH with the intent of using the BRRRR method? Unfortunately ready cash is not available but I have plenty of equity in my primary residence. That said my HELOC limit would enable m...
Newbie here! My friend and I are looking to get into real estate investing. We are in Austin, TX. She has $700k cash and is unemployed. I have experience running a business (successful passive income biz on Etsy), am ...
So have this book coming in the mail today,The Book on Tax Strategies for the Savvy Real Estate InvestorHowever, I was hoping that besides tax strategies, that someone could say in plain words how they would explain h...
Considering doing a cash out refinance on one of my properties. However I can't pull out very much. Well, at least not enough to purchase another house via BRRRR method. My new rate would be the same as the current ra...
We recently bought (at auction) and fixed up an ~$85K (post-reno) townhouse (2 large BR, 2 full + 2 half bath) in a nicer Dayton, Ohio, suburb. We have tenants in place on a one-year lease currently ($950/month), whic...
Hi all,
At my family party yesterday I had a chat with my uncle who owns an apartment building and is very successful in other businesses. He told me that any principal paydown on an investment property is considered...