Darin Tripoli
Introduction Post - Darin from Rhode Island
Thank you everybody for taking the time to quickly read over my post and thank you for being part of this really cool community making enough noise on the internet for me to stumble upon. My name is Darin. I am 38 yea...
Chris Turek
What are my options for getting equity out of a rental property
Hi, I’m a new member and this is my first post so thanks in advance for your help. I have rental property in NJ that I owe about $750,000 on and its current value is about $1,300,000. It’s 2 unit and I was living in...
Marisa R.
Cash is King or Queen
Hi EveryoneJust wondering where investors are sourcing cash cows?Yes, I imagine a question asked every day of the week.Sometimes the only way to do this is doing something outside the square. This requires more work, ...
Zach Bright
Sell For Capital Or Hold (Circumstantial)
Hello everyone!I currently own a single rental which cashflows nicely and is in a great area, but trying to decide if I should sell it due to my current circumstance. It is in relatively good shape for being built in ...
Brendan Novisky
Help with quick analysis of 4-plex
I am looking at purchasing a 4-unit in Franklin county, OH and am looking for some other perspectives prior to putting in an offer. The details I know are:Purchase Price: $289,000Rents: range between $790-$875 (have n...
Ericka G.
Sell or Hold? Cold Feet, Need Advice...
Hey everyone,This is my first post, though I've been reading this blog, MMM, and Afford Anything for a quite a while now.Here's the situation: I purchased a lovely property in south Harlem when I was 24, lived there a...
Jim Macedon
How Much Debt is Too Much... Or Not Enough?
I'm pondering my next move. I just took on a lot of debt. On the other hand, I have some equity I could access. Not sure whether to:A. Reduce debt.B. Stand pat on debt and wait to build up another down payment.C. A...
Michael King
Is it worth paying for points?
I'm finalizing the loan for a 4plex. The loan is 30 years for $240K and the quoted rate is 5.125%. I can buy it down to 5% for $1013, or 4.875% for $1644.
If I buy it down to 5% I save $25 in interest per month. It w...
Stephen K.
Short Term Rental, Long Term Rental, or sell?
Hey all, its been a while but I have been diving deep into the BiggerPockets podcast again and re-reading the REI books I've bought now that my wife and I are in a better position to begin planning out our investment ...
Mike Morrell
What to build? Duplex? Triplex? Quadplex?
I purchased some land last year in Rock Hill, SC that I am building my personal home on, and I was also able to subdivide off 4 one acre lots. The zoning on these lots allows for SFH, Duplex, Tri, or Quad and I was t...