Thomas Fosnaugh
Potential 4 Plex Deal
Looking at another potential 4 plex deal. Fully occupied, Listed at $129,000, #4 2 bed, 1bath units rents for $525/unit now, zoned commercial so would have to use commercial financing, tenants pay electric, landlord ...
Jason Sung
Planning my first 1031 exchange
Hi BP community, I have a SFH that I lived as primary last year for one year. Recently, I moved out of the house and rented as MTR. It is my first MTR and the return on equity is not good (due to high property tax, in...
Kenneth McKeown
1% on a 4-Plex in an appreciating area?
Quick question - would you consider a 4-plex (owner occupancy - VA) in a highly appreciating area if it's towards the top of your budget and only rents out for about 1%? I can give more details if need be - but I do w...
Brandon Griffin
Refi now or wait?
Hi BPers,Here is the scenario. I purchased a primary residence in 2010 for 190k. Zero down VA loan 4.5%. Home became a rental in summer 2012. Similar homes are now selling for 225k. (Conservatively) Current loan bal...
Jimmy Mooney
Considering first investment property, down payment question.
I'm considering buying my first investment property using a HELOC on my primary residence. I have enough equity in my primary residence to cover about 4-5% of the purchase price of the target property. I was thinking ...
Adam Scheetz
BRRRR: Does the Refi eat up your gross rent?
Here's a question for you about the BRRRR. I've put this to the forums and haven't gotten any responses back yet. Here it is; When using the BRRRR method, and you refinance to pull the equity out in the form of cash ...
Jason DelCollo
Permanent Life Insurance as part of portfolio
So my wife and I have been fortunate financially through hard work and lots of schooling. Long story, as short as possible, we are mid 30s with $600,000 retirement/investment portfolio. We max out 401ks and backdoor R...
Lauryn Meadows
Qualified Opportunity Zones
Is anyone utilizing this for the 2018 tax year? I cashed out my 401k and my husband cashed out 50% of his annuity in April of 2018. We bought a mixed portfolio 8 units (bought 4 properties on same note) in May. Is thi...
Ben Rodriguez
Help me analyze this deal!
There is an 11 unit apartment complex for sale in my area that I believe has some value-add opportunities. However, this would be my first foray into a commercial multi-unit. I do have some experience with rentals a...
Eric F.
Mobile homes on private land
Hi Everyone,I have done some mobile home deals in parks, but none on private land yet. I had someone contact me with 2 different doublewides on private land.The first is a doublewide, apparently no work needed, on 1.5...