Ben Ashburn
How to use rental for collateral on loan for new primary home?
Hello, looking for some advice about how to use my rental home as collateral for a down payment on a primary residence.The rental we own is in Missouri, worth about $120k, and we own it free and clear. We also own a ...
Kyle Davis
Zero Down Deal....Tight Cash Flow...Thoughts?
Hey guys!So I'm looking to acquire a seller financed large commercial property. Single occupant...but is a solid tenant (national flagship bank) and has been there for 10 years and custom built out this large facilit...
Niki Bell
From Homelessness to Now, Undefined
I landed here for one reason... Happiness. Money cannot buy that. I wondered while sleeping in the car, dark allies, from one couch to another what it would be like to have my basic needs met in abundance ...by ME. I ...
Jeffrey Goers
Looking at a 5 unit building on St Paul ST
Hi I am looking at a 5 unit on the 2400 block of St Paul St. It has an office on the first floor, and 4 small apts on the 2nd and 3rd floors. I am looking at this as a long term holding that will cash flow initially...
James Bird
Depreciation, Purchase Price or Market Value?
Hi, (first post) I'm closing on a single family rental in 4 days and I've been trying to find out if depreciation is based on present value or my offer price. Its a foreclosure, estimated worth (after rehab) 195k and ...
Jacob Brooks
Starting My Investing with a Time Crunch
Hello! I am currently a full time Emergency Department RN after leaving the military with 15 years service. I've been learning about multiple areas of investing for years and always intended to get into rental/real es...
Olga Ford
Heirs to family home want to sell, non heirs want to keep it
Hello, A deceased family member left the equity of her home to her children(heirs). The house still has a mortgage, they want to sell to get their equityGrandchildren want to keep the home and take over payments. Heir...
Nathan Patterson
Take Out A Loan or Use Cash For Renovation
I am in the middle of a renovation and had this thought while talking to another investor. Lets say you have a $35,000 renovation on a property you purchased. You have the cash in the bank to be able to cover the re...
Carmen Assang
Tenant asked me to pay her first month rent to move out
I served my tenant a notice to quit and she is very upset and sent me a nasty text said I humiliated her in front of her kids and neighbors…. She already owed me $4300. She pretty much refuses to move in 14 days unle...
Thomas Clark
Non Recourse
I'm new to real estate investing (haven't done a deal yet), and have heard some talk about loans being non recourse if they're above a certain dollar amount or for a large property. Do they exist?