We just found out we qualified for a 15 year refi @4 % on a 2 unit property (it's actually 3 units but it's on the records as 2). The monthly payment would be almost exactly what the rents bring in. So any repairs, an...
While doing research for my first REI property I realized that I can generate the same amount of cash flow for a property around $100,000 and for a property around $500,000. Of course the $500,000 property meant bette...
Has anyone been on the lender side of private money and had a bad experience that they are willing to share? Whether you've lent money for an individual project, or you've invested in some sort of fund / group, I'd li...
I'm trying to buy my first house but I have no money down. Just trying to get some good advices about how to do it successfully. In general don't know anything about this business and it's really stressful. Is there a...
When considering the acquisition of a second property by leveraging the equity in an existing property, which option would be more advantageous, obtaining a Home Equity Line of Credit (HELOC) or a traditional home equ...
I'm working with a homeowner and she said, "I know you can't guarantee there will be no deficiency, but if I just list this and get a higher offer, the potential deficiency could be less right?
Ummm..yes it could, bu...
Hello BP. I wanted to use this forum to say hello to what so far seems like a wonderful community. I am still new to real estate investing but am very encouraged by the people and information here. I am an engineer by...
I've posted before about out of state investing. I've definitely made some money both on the cash flow and appreciation (appreciation was a surprise in most cases).But that being said, the exit strategy is difficult ...
Quick about us:Canadians I’m 41 .. serial entrepreneur with a myriad of experience, and now full real estate doing “property services” including repairs maintenance, full rennos on our own properties and BRRR when it ...
My wife and I are about to purchase a new property and I am looking for advice on how to apply in order to secure the best interest rate possible.Currently, we live in a house that is just under my name- I have not ad...