Amy Nguyen
40k cash for a 1br1ba 680ft condo
Hello,Can you all give me some advice if this is worth it? The condo is on the 1st floor and is tiled, includes fridge, washer, and dryer. Yearly:Purchase cash: 40,000 (basically my whole savings)HOA: 2700 (includes ...
Mario Morales
Cash on cash return-
I have a three unit building, but one unit needs to be remodeled the other two have been renting out for the past few years.If I spend X on renovating this apartment to get it ready for rental will the cash on cash re...
Brandon Wallace
Looking to buy my second investment property
So over 2 years ago I bought my first investment property. It’s an upper/lower duplex that me and my fiancé live in while renting out the upper unit. We are looking at getting another investment property. We don’t hav...
Bud Leiser
Cash Out Advice
I'm still reading the other threads about refinance/cashout/eloc. That said I own a small retail building, we'll say it's worth ~500k right now at 75% occupancy. In case that matters. Tomorrow I'm going to make a list...
Chrissy Smyth
Looking for a Cash out Refi on an investment property
I am in North Central Florida and am looking to do a cash out refi on an investment property that I acquired back in December. Any recommendations on mortgage brokers, banks etc? Thanks!
Shane Zilinskas
Purchase then refinance to DCRS to pull out down?
My understanding is you can get a DCRS loan at 1.2 - 1.25 debt service coverage.
Assuming the property is currently being used for short term rentals:
What is stopping me from acquiring a property having less than t...
Joseph Canini
How Much Positive Cash Flow from a Rental Property
Looking for opinions: how much positive cash flow should you make monthly off a rental property. To me $200 really isn't worth the hassle, but when you get up to around $300 that would make it worth it. My bottom l...
David Noble
Should I sell my house?
Background:Eleven years ago my wife and I bought a rough house in a desirable neighborhood for around $150. We lived in it and fixed it up for 10 years. I probably put about $30k in it and a LOT of my personal sweat e...
Mike Cox
Refinancing Portfolio Loan to fixed 30yr Help Please!
All, I really need some help or advice with this one. I have 7 properties that are financed with commercial loans. They are all the same 1200 sq foot townhouses.I have 2 years left at 5% and then they can vary. 20...
Paul Weathers
Coastal Bungalow in Pensacola
Investment Info:
Single-family residence buy & hold investment in Pensacola.
Purchase price: $41,000
Cash invested: $66,000
Coastal Bungalow with laminate floors throughout, 3BR/1BA with LR, FR, ...