Elliot Smith
First week full time! Can it get better?!
Well after a full year of investing part time as a wholesaler and landlord ( 2 SFR) we took the plunge into fulltime. My wife has been fulltime since August of 2015 as she runs all the marketing accounting and day to ...
Account Closed
How to get better at estimating renovation costs?
Hey Folks,So I have done two renovations and in both cases they have exceeded what I think they should have and it was probably me trying to make them more than they are. Any advice in containing costs and maybe est...
Scott Bower
SFR wholesaling is great, Apartment syndication is better!
Hey BP! My name is Scott Bower, and I have been wholesaling SFR's with great success in the Phoenix market for the last 3 years. When I first started my investing career, I thought apartments was what I wanted to do...
Joseph Quarto
Better to do a Refi or a LOC?
Hi,This question just came up. On a building we have with lots of Equity (balance mortgage is $56k)I am looking to free up some cash ($250-300k) for a future 2016 purchase, but wanting to get all approved now. Shoul...
Brandon Eleazer
Time Blocking Goal - Better Communication with Rental Partners
I'm trying to come up with a technique to add some structure to the clerical and communication sides of our rental portfolio. My partner is very REACTIVE (likes to wait until issues happen then find a solution....Like...
Jay Patel
Evaluate my financing quote - Can I do better?
Guys, I have a rental property under contract that I am looking to finance. I got this quote from a mortgage broker who I used to get my pre-approval letter. Personally I'm not too thrilled. What do you guys think? Si...
Joshua Heller
Vacant vs. Occupied: Which is better to buy?
Apologies if this has already been discussed, but just looking to get some different view points on this.For multi-family rental investment properties, would you rather buy something that's already occupied or somethi...
Andy C.
Second home vs Investment loan. Which one better?
Hi all,
Second home Loan
Around 45% downpayment (to meet 50% DTI)6% apr1800/month mortgage (principle and interest)
Investment Loan
only 20% down7% apr2900/month mortgage (principle and interest)
Notes:
I can ...
Dow Yang
FHA Loans better than Conventional Loans for rentals?
Let’s say for instance, I’m looking to buy a duplex that is $200k, I can either use a FHA loan 3.5% down or use a conventional loan with 20% down. Wouldn’t a FHA loan over the course of 1 year save me more money? In t...
Jimmy Lieu
Cash out refi versus HELOC? Which is better?
Hi,
I am still learning about refinancing properties, and I keep seeing HELOCS and cash out refis. If I have over 20% equity and want to refinance my first property to invest in a second property, would a HELOC or ca...