John Geer
Cash back refinance on paid home for investment property?
Dear all,Wanted your input on cash back refinance. My primary house is paid off, value ~300K in current market, maybe more. I have a 2nd property that I am leasing out, which is making positive cash flow ~$500/month. ...
Rocky Santa Cruz
Cash on Cash Target on BRRRR
I have been reading and researching as much as I can about the BRRRR method and have been working some figures on some possible properties. From my research 12% + cash on cash return is a great target. Just for clarif...
Cheryl Packham
Cash Out Refinance
So, I just read the article, "The creative way to finance investment properties you probably haven't discovered yet." And this was actually what I was planning on doing. However there was a section of concern for me...
Anthony Harper
Landlord Policy for 4-Plex
I'm under contract right now for a 4-family in South City. My objective with this landlord policy is to protect my investment, whether there is a partial loss or total loss. I've narrowed it down the choice between tw...
David Jennings
Is profit possible?
I know stupid question, But im wondering say if someone did buy a property (apartment) is it a reality to get rich from it? im just wondering i know an appartment can earn alot on a monthly and yearly basis but do you...
Mitch Black
should I HELO or partner for a BRRRR cash offer
I have a fair amount of equity in a previous rental. Have held it for a loooong time. I am beginning to focus my attention on REI. Better late than never. Anyway, I am looking at doing my first BRRRR and have cons...
Yi Chu
Business Checking Account
When you open a business checking account, you have to transfer a certain amount of money to the business account to avoid monthly fee. Let's say $500. This comes from your personal account, not from business operatio...
Haiyang A.
$8000 closing costs for cash-out refi of a rental property in Cincinnati
I am looking to do a cash-out refinance for a rental property which is located in the Cincinnati area. The quote I'm getting from a local mortgage broker is as follows: 30 year fixed conventional financing, 75% LTV, 7...
Pat Arneson
Rehab Costs and Holdback
If I intend to fund the rehab with my own cash, do I need to disclose my rehab budget? I’m seeing lenders holdback this amount. It’s showing as increasing the loan amount although monthly interest payment stays the sa...
Tina Tsysh
Target returns for a MTR
Happy holidays and thank you for taking the time to answer my post. To my current landlords who are doing MTRs: what type of returns are you looking for? I.e. do you have a target dollar amount in cash flow that you w...