Brandon Carriere
[Calc Review] Help me analyze this deal - Looked good at first?
View report This looked good at first glance, but maybe not so much after digging in? Using equity from a paid off property for down payment so P&I would be around $460 for a 76k loan, which I factored in as...
Aaron K.
Temporary loan for one week - transactional funding appropriate?
I'm anticipating on making a cash offer on a small office building in my area, which means that I'll need to submit a proof of funds letter with my offer. The cash will partly come from the sale of another property ...
Billy Seol
Purchasing with HELOC, how to send to escrow?
I'm about to purchase my first investment property fully funded with a HELOC. When I purchased my primary residence I had wired the required funds to an escrow account, but since this is my first time using a HELOC i'...
Justin Martin
help with property value of a Class C/D neighborhood rental?
Hey All, I'm new to investing but I've been putting in offers on flips for the last few months with no luck. I've lowered my neighborhood search to a Class C/D Neighborhoods and a deal popped up. Here are the details:...
Miranda Micire
6unit 3br ea., asking 270k, 1.65 dscr, what's next?
Hello! My name is Miranda and I am a Co-Owner of a real estate development company. We are located in Pittsburgh, PA. We are very new! I have identified a property that I'd like to purchase and rent out. It is essenti...
Jonathan Kennon
Private Lender and where to find one.
So I'm trying to secure my first multifamily property and I don't have that much capital. Im trying to get a private lender involved but I am not sure on how to find one. Also, if I do find one, does anyone have any a...
Account Closed
Cash Purchase - Do I need to wait to get financing?
I bought a few multifamily houses for cash a couple months ago. (cash no hard money) They were distressed assets that needed to be rehabbed, the work is now said and done, they are ready to be appraised. I was told by...
Andrew David
Rent or Sell? Moving Up?
Having a difficult time determining what the best play is here.Currently own a home, no motgage, just a small private loan. The loan is 536 per month. Property taxes are $333 per month. Essentially, $869 per month in ...
Dan Sturge
To Cash Out or Not to Cash Out?
I’ve purchased and remodeled a small single family for a total of $50k that now rents for $875. Monthly carrying costs are $160 for property manager, taxes, and insurance.Should I just relax and take my time or take ...
Jason Young
Formal Intro, Jason Young SE VA
I've been lurking for a while now, but It's time for me to move forward and start making things official. I bought a HUD home when I was 20, continuously updated it for 11 years and sold it. I realized years later tha...