I've heard people using cash from a HELOC on one property (A) to buy an investment property (B), then immediately do a cash-out refi on B and put the cash right back to the HELOC on A. I'm planning to do that, however...
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I have a house I rent out for 1300 a month. I owe 60K. It's worth 120K. How much should I be making annually on this income property. I feel my numbers are very low, but I am new at this so I am not sure. After taxes,...
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The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential property.
You are able to obtain NON-recourse financing (not personally liable) for commerc...
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According to Robert Kiyosaki's books, if you're a low wage employee, u can still invest in real estate. How far are his books and cashflow game away from the reality?
It seems like even a low wage worker managed to s...
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Reposting from Multi-Family and Apartment Investing Forums.....Does anyone have experience with agency lending that can provide insight into this type of debt? What was your experience with attaining this financing? E...
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this will be my second property, but the problem I'm running into is financing. The bank approved me up to 100k, but they could not go any lower than 55k. Now we have been shopping around, but does anyone have advic...
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Hi Yes when doing the BRRRR strategy how does it pay itself off? Ok lets say i own 1 Property Free and clear and get a mortgage on that home to buy another home and go into debt how does that debt pay itself off? beca...
Hi everyone. This is probably a really dumb question, but I figured I'd ask a forum full of intelligent and experienced landlords rather than fly blind.We've just started to advertise our first rental property and we'...
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Hello,
Visited a lawyer today to update some wills. He advised we start a trust and also put my 3 rental properties into a LLC.
I see the pro's that he mentions but any con's that I just dont see other than this ini...
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Hello everybody, I'm trying to purchase a second rental property to hold but my debt to income is high because Im doing all the loans under my name alone. I own a single and duplex and I would like to purchase another...