I just purchased my 1st duplex in January. Renovated and tenants area now paying 100% off the mortgage. What is the best way to acquire a 2nd rental property? I’ve already used my FHA so I’m thinking conventional 20% ...
I am wondering if you built up $10,000 or $25,000 or $100,000 in cash to invest, but were not ready to invest, where would you park your money? Would the "location" change based on the dollar amount?- Money market (FD...
I am currently in the process of starting my real estate journey, in efforts to become financially free. I am starting out by obtaining a base knowledge in real estate (books, webinars, podcasts), getting a feel for t...
I would like to refinance my nearly 5% interest rate on a multi family duplex that has $85K and 15+ yrs remaining on the mortgage. I can’t find a competitive rate when factoring rates and closing costs because it’s a ...
My wife and I most recently bought our first personal house and I've been educating myself on real estate investing ever since. When making a few repairs, we had taken out a personal loan for about 5k @ 9.9%. We cle...
I've come to a fork in the road and I need some guidance!!
I currently have a lot of personal debt and my goal is to become a full time buy and hold investor. I don't know if I should aggressively pay down m...
Hi- My wife and I just purchase our 1st property. It is a duplex that we will live in one side and rent out other. I set a goal for my self to buy at least 2 rentals per year. My wife and I both work salary paying job...
I recently purchased 2 rental properties that are cash flowing very well. I bought them both outright with cash from my savings. The problem is that it took up about 60% of my savings and there are so many great de...
How do you all set up bank accounts for rental properties? I am a new investor here in San Antonio. Own a duplex and a triplex. Bought both of these within the last 6 months. I am working on organizing the rents and ...
First post after some reading, should be closing on a owner occupied triplex in 2 weeks.The calculations I’ve made deducting vacancy rates and maintenance I’ll have to pay about 200$ a month I’m going to open a second...