Don G.
Ready to purchase second multi, but all out of cash for the down payment? Options?
Newbie here. I just purchased my first duplex…we closed two weeks ago. Positive cash is good. We’re set on cruise control. Good renters, property management is solid, I’m out of state. Now I want to do it again…the pr...
Kyle Tant
HELOC vs HELOAN
I’m looking to buy my second investment property using either a HELOC or HELOAN and would like advice on which route to take. I have an opportunity to buy a single family home right next to my first rental but don’t h...
Joshua Hood
If short sale is declined can I make a deal with the owner?
Hello all,I am very interested in becoming an investor, and have found a home that has the potential to have a great amount of equity that I could use to begin my investing career. The property I’m trying to purchase ...
Jason Waldo
Payoff mortgages or not
I have two rental properties in Missouri. Both with a mortgage. One of them has $25k left on it and the other one has $90k on it. If I pay them off in the next few years I would be cash flowing right around $1,800/mon...
Stephanie Gledhill
Who is doing Heloc's on Investment Properties
I can't find anyone who will do a Heloc on my SFR investment property in Franklin, TN. Any one know who can do this?I found Third Fed Credit Union with a great rate prime - 1.01 = 2.24% for balance over $50K.I have a ...
Gayla Kemp
Investors, do you own your personal home or rent?
I have been listening to podcasts and youtubes and I keep hearing people say that investors should not own their own home, they should rent. Can someone please explain the logic behind this. I have 55% equity in my ...
Lexi Bentson
Looking for advice with our first purchase
We are a young couple living in SLC, Utah. We have no kids, we make just over $100,000 each year combined. We currently have no debt, just pay monthly rent. We have saved up $30,000 and would like to jump in feet firs...
Max Baender
Build & Hold - A valid strategy to build a portfolio of income properties?
Hi there.I am pretty new to real estate investing. Currently, I am trying to evaluate a strategy to build a portfolio of income properties in the Greater Atlanta Area.This thread is to pick your brains and to get idea...
Account Closed
Cash-out refinance to Much higher rate, worth it?
I own two rentals; One with significant equity and one with ~ 25% equity. I would like to buy a third investment property, but around here, minimum down payments are well over 50K. I don't have enough cash to cover, b...
J. Mitchell Bernier
Well It Happened...Walking away from Earnest Money
Well it happened. I am having to cancel a contract due to funding issues. I went under contract on a home with a local bank that I have used for over three years and still have active loans with decide to become more ...