Bradley LaBrie
Difference interest rate for 1 and 4 units?
I’m by no means an experienced investor but I have never heard that the interest rate between residential multi family interest rates are different.A broker told me the interest rate for a 1, 2, 3, 4 are all different...
Colten Roney
House Hacking Tax Advice?
I need help with finding a good CPA. I live in Provo, Utah and I've recently decided to become a REI. I bought a house a few months ago and am currently renting the other rooms to my friends (they're covering the mort...
Stephen Chittenden
Thoughts on this Potential Deal
Someone has brought me a potential deal. It's a single-family home that has been renovated into 3 units. Gross rent is $2300 per month. Asking price is $150k with owner financing. Proposed deal:$15k down$135k purc...
Xu Som
Advises on being creative
Hello BP,So I have a property that I'm not sure what to do with it. It is currently being rented out to a tenant right now and used to be a family house until after my grandma moved out. (She was the last person liv...
Robert Curls
Tough Decisions on Capex
Hello BP Community. I'd love to get your oppinion. One of my rentals (in the Tampa area) recently had a compressor go out on the AC unit. I've owned this property for ten years, it was formerly my personal residenc...
Lewis A.
How to make my next investment
Hey everyone, I would like some advise on how to make my next investment and in what direction I should go please.Our primary residence has doubled in value from our low purchase price and renovations. Our lender tell...
JayCinta Henry
Heloc Lenders 10-20k range
Talked to Penfed but they said their minimum heloc is 25k, my rental came in at a possible 15k. Do you guys know of any institutions that can go that lower?
Dano Neslen
Question for Real Estate Investment Guru's
Good Afternoon,
Long time lurker here on the forums and decided to jump in and ask for some assistance from the experts.
I reside in California and am 47 years of age.
Over the course of the year 2020, I purchased...
Eric Bailey
Issues refinancing investment property
I have a single-family residence as an investement property that I have been trying to refinance for a while now. The lenders I've visited with have not wanted to do the loan because of Regulation Z. Last quote I re...
Ryan Baxley
Fix, Flip, Seller Finance
Investment Info:
Single-family residence fix & flip investment in Waco.
Purchase price: $74,500
Cash invested: $49,000
Sale price: $135,000
Two firsts in one deal! Flipped my first place a...