Aaron Gilmore
4-plex in Raytown, MO outside Kansas City Deal Evaluation
Hello everyone,I have a potential deal for a 4-plex in Raytown, MO about 15 min outside Kansas City. I wanted to run the numbers past everyone and see if you think its a good deal? It will be my first deal outside of ...
Victor Yang
Taking a small loss to save on taxes?
Hello all,I am looking to buy an apartment building. Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing...
John T.
Debt to Income Ratio - Landlord of multiple properties
Hey All,I am having some trouble understanding how DTI is calculated and it seems that the different lenders I have talked to are telling me different information.I have 1 year of landlord experience renting half my d...
Michael McCarthy
Just Purchased 2 Properties in the Cleveland Area for Rental
Hello Everyone. My name is Mike and like many others here I am relatively new to the site and to REI, but I have been taking advantage of all that is available here to learn from including blogs, podcasts and the for...
Eve Cherkova
evicting disabled
Hi everyone,I am considering to get an investment property with disabled tenant. He was the owner but the house got foreclosed, so now he is staying there as a tenant with 2 year lease. He pays a way less than current...
Matt C.
Owner Finance vs. Conventional to Buy Rental Property
I am looking at a property to buy and hold as a rental. It is a 3 bed, 2, bath, 2 car garage, 1,800 sq. ft. built in 1980. It will need carpet, paint and a few minor repairs. The rental comps are $1100. I will ...
Patrick Knapp
Negative cash flow deal in Raleigh,NC? Would you do the same?
Real estate can be for the most part easy, especially if your a realtor. Haha just kidding, but seriously it pretty much is right. You make an offer, spend some money and get money from people in return to live in you...
Purnell C.
Solo 401k and personal funds - Arms length question
I'm interested in lending both solo401K funds as well as personal funds to the same borrower. He's a flipper. He wants to record one deed for his personal residence as opposed to recording a different deed each time ...
Mario B.
Can you roll a HELOC into an LLC?
Hi All!My wife and I have a condo, we are thinking about leveraging our full HELOC for an investment, however we don’t have kids yet and may need to buy a house soon. Can I buy an investment via HELOC then create an ...
Mike S.
Stuck on a deal... Need assistance
Looking to buy third income property and need help analyzing it. Property Details-Asking price $565000. (Lets say the bank doesn't budge and I buy it for this amount and seller pays closing costs).Multi-family 2 unit ...