Bellman Tumasang
Buying Real Estate and saving up tips
Those who have bought real estate or have lots of money saved up could you please give me tips on how to save up money to eventually invest in real estate. Do you chuck leftover money after bills and other expenses in...
Brett Merrill
Latest Deal. House hacking and seller financing.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $408,000
Cash invested: $40,000
Another house hack, but with a twist! This one I did not house hack for a lo...
Rigo V.
HELOC for DP? DTI,etc
So my primary house has about 60k in equity that I wish to possibly use as a DP for a multi family Home.I would need to find a property that cash flows with a mortgage and the heloc payment.1) what options (other than...
Joseph Duenas
Refinancing a commercial property
I'm looking at owner-financing a 30 unit multi-family for about $1.6M, with monthly payments, and a ballon payment in 3 years. Question: Will the bank refinance me after year one or two with no down payment? For exa...
Raj Ga
HELOC to buy rental property, cash-out or not, tax benefits
Questions:
1. If I use HELOC to buy property outright and turn around do cash-out refi on rental property, would be interest rate will be .25 higher?
2. Has any one use HELOC to buy property outright and use rent to...
Murray Reginald
Renting Out My Personal Property
Hi BP,I am considering renting out my personal property to purchase another property and using some of my equity in my personal property to use as a down payment to purchase another property however, my Lender does no...
Logan M.
Seller Financed Cross Collaterlized Agreement
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $541,000
Consisting of six units, each is a park-owned home. The property is located in a desirable location. The...
Eric Wagner
Leveraging Oregon primary residence into future investment
I’d like to hear your thoughts/advice/experience. How have you used your primary residence as a springboard to other real estate investing opportunities?My wife and I want to sell our house and move to another area ne...
John Spina jr
How to make a confident offer?
Aside from calculating the NOI, ROI, cash on cash return, and the comps. If someone needs to finance the conventional way, do they need to sit down with a broker and see what kind of payment they'll be making and at w...
Ashlee Fazio
Making multiple offers on one property
I am looking to make an offer on a condo in Wappingers Falls NY. I want to give a few options to the owner as far as the payout of the offer. For example, an all cash offer, an offer that splits the payment some now s...