Hariharan Elavarasan
First Rental, BRRRR or Buy and Hold
If the local area wouldn't really make sense to do a BRRRR, is it better to buy a property, fix it up just a little and then start renting? Single family or multifamilyI‘m estimating about 20,000 for 1400 sq ft MFH, b...
Ori Holzman
Basic Questions: Would appreciate input
Hey. I'm trying to get into real estate investing, would really apprecaie any advice.
I only have a few thousand dollars to start with. I live in Brooklyn, NY, and have a full time job with small steady savings. I'...
Brandon Heath
Looking for Real Estate Agent with Lease Option experience!
My wife and I are looking to purchase a larger house for our family. An ex-coworker has listed their home on the market and is open to a rent to own/ Lease option type deal. Everytime they mention this to the real est...
Doug Schorr
Surprised Cash-Out Refinance is so expensive
I purchased a positive cash flowing property last summer, for cash and am now (finally) looking to do a cash-out refi to pull the cash to use on another property. My other properties were all purchased with traditiona...
Sylvia B.
Cap rates make no sense
I've read this article by Sergio Altomare - How to Calculate Cap Rate (& Where Many People Get It Wrong) several times and there is something that just doesn't make sense to me. These basic formulas do make sense:...
Doug Larson
New Member Buffalo New York
Hi Everyone,My name is Doug I am a 25 year old living in Buffalo, NY. I am new to real estate investing and looking to make my first purchase in the next year. I am interested in buying a multifamily home and or apa...
N/A N/A
Question on making an Offer
Hello, all. I’m new to the forum, new to REOs and new to real estate investing altogether. I read an article on foreclosures in Kiplinger’s December 2006 issue. The article suggested a “newbie” property investor like ...
Bob Mastroianni
Mortgage Advice for more than 4 mortgages & FHA
So here's a scenario that I could use a little bit of advice with. My wife and I are currently looking at a duplex in South Jersey. If we were to make an offer, we would purchase the duplex as our primary residence, l...
Dave Roberts
HELOC and Conventional Loans from same bank?
Greetings,
Do any of you have a HELOC with the same bank that you obtain conventional or commercial loans from? My example would be drawing from the HELOC to pay cash-in-full for a house (buy and hold), then refi to ...
Jason Zullo
Buy and Hold strategy. Am I going about this the correct way?
Ok so a little bit about me. Im 32 live on Long Island (ny) I currently own a single family home that I live in. It has a basement apartment that I currently rent out for $1300 a month.House is probably worth $215k-$2...