Chris Kraemer
Ok to pay market price for duplex that casflows?
Newbie question: looking to buy a duplex...is there any problem paying the market price (vs trying to find one below) as long as it cashflows?
Aaron M.
Cash out refi to purchase more units
Lets supposed I owned 5 Properties (3 duplexes and 2 SFH) with 325K market value and purchased them with private money with 10 year repayment period.The properties would be owned by an LLC for 1 year and showed a po...
Heather Dickison
Raising Rents Monthly?
Hello,I recently acquired a 6 unit property with existing tenants and under market rents. One tenant already asked if he can break his lease and move early (woohoo!). Most of the others are on month to month leases. W...
Keegan Uderitz
I was just told that I could get seller financing on MHP
Hello!I ran into an owner who said they would sell for around $900k. I have no idea the income on the property (yet) but there are 7 mobile homes on the 1.4 acres. What do I do?! This could be a great opportunity for ...
James Brown
Renting My Condo and Mortgage Refinance
One of my goals is to build cash flow with a rental property. I am slowly outgrowing my first home (1br condo). I am at the point where I need to decide to rent my place out in the future or plan to sell it for a bett...
Patrick McGinn
HELOC to buy 2 rental property or sell house in 2 years?
Hello, I have a question with many answers. Trying to narrow down the right one. My goal is to scale and acquire sfr and/or mfr before interest rates price me out of profitable real estate. I own a home in Sacramento ...
Brenainn Kilchoer
Build and they shall come: barely closed 1, got a second already!
So my friend and I closed on a duplex with live-in basement for $265k. We're using an FHA loan (we were able to lock in 4.6% interest), so we technically have to move in within 60 days, and then we can move out in a y...
Kenneth Peagler
Is it better to rent, sell, or both?
I inherited a property with a ridiculous amount of equity in a nice area. Would it make sense to just rent it out and refinance or sell it and try to buy a 3-4plex which more cash out and leverage? House has no mort...
Will Stewart
Analysis shows positive monthly cash flow but a negative 50% rule
Can someone explain this like I am 5? So in the analysis of this property, it shows a positive cash flow of around $300 a month. However, when I look at the 50% rule at the bottom of the analysis it shows a negative c...
Seth Alexanderowicz
Just put a offer in on a muiltifamily property. Tips and sugges?
Listing price 280,000Offer 295,000Average market rent 1400-1500Income 2800Expenses. 1400 Mortgage. 450 property tax. 200 insurance. 35 water. 100 vacancies. 200 repairs. Total = 2350-2400.est monthly expenses. Convent...