Benjamin Jass
Bad Partnership, Separation, Need Advice Moving Forward with Great Property
Hey All,Bought a very rough 2Br, 1 Ba, 1500sqft Rambler with Unfinished basement July 2021. Vacant for 8 years. Overpaid for it slightly, but this is the definition of fantastic neighborhood, ugly house. Bought it wit...
Brian Jackson
Maximize cash-out-refi to pay less interest on rental property
I own my 1.5M primary residence free and clear, and am taking my first steps into being a rental property owner. And have about 5k monthly income I can use to cover negative cashflow.There are no cashflow positive pr...
Tyler Howerton
Cash out refi or Heloc?
Just purchased my first home using Fha 80k for the house and it got appraised at 150k as is in 6 months I plan on having the whole house updated and ready for renting! All though I am in a pickle, My plan is too eithe...
Erik Browning
First Commercial Deal in Progress
Here's the story and the numbers. Also, this is my first commercial deal.My client owns an insurance company with his sibling and he is selling his equity position to the sibling and then staying in the company as an ...
Travis Elliott
WHAT PERCENT DOWN ARE YOU PAYING FOR INVESTMENT LOANS
I am trying to buy my first investment property but am running into different stories on what a person needs down on a non owner occupied property.
My story is this..
I haven't owned a house in over three years.I ...
Randy Philpot
Cleaning fees at STR's
I am trying to run financials on various STR markets (Smoky Mtns, FL Panhandle, etc.), but I am having difficulty determining average cleaning fees. I know this will vary based on the size of the property, but is the...
Chris Lawrence
Small Multi-Family Question (7 unit)
I currently own single family rentals and I'm looking at a 7 unit apartment building (multi-family is foreign to me). I believe its currently under valued with gross yearly rents at $51,060 and I believe I could conse...
Brandon Russell
Condo with 45% delinquency rate woes
Hi All,
I'm in the process of purchasing my first property. I live in the Washington DC area and am looking at properties in the city. I've just recently put an offer on a condo in an up and coming neighborho...
Monte Blunk
Cash out Refi to buy new properties question
My wife and I are (44 & 49 yo) have been looking into increasing our rental portfolio using the BRRRR method to help fund our retirement and hopefully help to gain financial independence from her W2 job. Over the...
Justin Cutler
Lease Purchase Declining Principal Balance
Has anyone structured one of these? Do you have a contract that you've used? I'll run it by my local attorney of course. Basically -
I can buy a property that I've leased for the principal balance at time of executi...