Michael Curran
Does anyone know of any meet ups in the Lower Hudson Valley
See and hear about people meeting in the forum and on the podcast. New so not sure if I have missed any local ones or if there even is any in the Lower Hudson Valley (New York).
Ashley Abramson
Backed out of deal - Still on Market - re-offer at lower price?
Hello Everyone,Had a quick question! I had a property under contract to flip during the month of March, and thought it was going to work out great. Purchase Price: 175kARV 300kRehab 70kInitially we had budgeted for 55...
John Archer
Can the ARV of a residential property be raised by lowering CAP?
I'm looking at 4plexes to begin my investing experience for a few reasons. 1st, the properties that I'm looking at are all already cashflowing positively. 2nd, my primary lender doesn't care about credit on residentia...
Brian Ulrich
Better to claim a lower or higher cost basis on new rental?
I just turned my former primary residence into a rental this year and it's going well. I'm trying to get all my ducks in a row for 2017 tax time. My question is what is the best approach for using my cost basis to c...
Amy T.
Refi on multi-unit, shorter term with lower rate worth the risk?
We just found out we qualified for a 15 year refi @4 % on a 2 unit property (it's actually 3 units but it's on the records as 2). The monthly payment would be almost exactly what the rents bring in. So any repairs, an...
Hope Louisse Montenegro
Should I continue to sell or refinance to lower monthly & rent
Hi everyone, I currently own a Condo in downtown Chicago and have been trying to sell it with no success. I listed at 370k without parking (35k) in February as suggested by my realtor and have since lowered it to 325k...
Justin Dragon
Negotiating Rents -Do I keep a good tenant at lower market rate?
Hi all,Hoping to get some advice/insight on my situation. Purchased my first property last November (Triplex in the Hampton Roads, VA area) and one of my inherited tenants is about to complete her lease. She’s paying ...
Glenn Driban
How to make money with cap rate lower than current interest rate.
I live in a market with typical cap rates < 3%. Given current 6% plus interest rates and need to secure financing on any property I would purchase, how is it possible to make money? In the case I've described, the ...
Dan Green
How do you lower Debt to Income Ratio if you have Depreciation?
Hey everyone. I'm running into a hurtle I was hoping someone could help me with.I'm using a broker/lender referred to me by my realtor. He's trying to get me a hard money loan, then I want to BRRRR the house. After su...
Bill Stinson
Should I make a lower offer now that agents contract is up?
25 acres. Listing price 310000$ Level to rolling. Mostly in pasture (20acres). Could easily be sub divided. In city limits and other comps are 12,500 per acre.
This property was listed with a realtor. I made offe...