I'm looking for ways to finance my next purchase. I'm could do a cash-out refinance on a rental I own since the LTV is 57%.  Currently, it has $150/month cash flow.  If I refinanced to an 80% LTV, I could get $180,000...

So I have been going around and attending many different networking and REI Clubs in the Chicago area. Some I have found useful, others I wouldn't call a club but more an infomercial for the guru pitching a product. S...

So I am considering getting my RE license in Michigan, but all of the brokers keep telling me I would have to go through them (and pay them their split) on personal investments/ purchases if I have my license. (With s...

I have been looking at turnkey investment companies lately for out of state investing.  One of the common themes is that there may be a discrepancy between the asking price and the appraised value(possibly higher)  So...

Hi Everyone, I'm under contract for a multifamily property for $300k.  Bank appraisal came in at $282k.  Appraisal came in low because there are few multifamily comps and they all sell at massive discount because they...

Hey everybody. I have a question, my current landlord needs to do some repairs to the ceiling. Long story short the ceiling has had a leak for over a month now to the point that it Will need to be completely demoed an...

Financial Independence Retire Early (FIRE).  It seems to be everywhere these days.  I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome.  I'm sure ...

Wow. I just read a thread where one of the responses all but called several others out in disagreement over what I thought was a stupendously mundane issue.
There seem to be a number of topics that historically rai...

Hello all,We are closing on a 12unit next month. The inspection showed there are 8 water heaters that are near double life expectancy (so they are 10 year water heaters but some are 18 years old). Would you replace th...

"If you want to grow, get out of your comfort zone."Hello all. I wanted to start this thread as a marker for the decision I made about two weeks ago after visiting family in Detroit for two weeks (and multiple prior v...