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Hello BP.
I've recently come across 3, 4-unit buildings that are all in need of some updating and bringing up to market rents. Since I recently purchased a tri-plex(conventional mortgage) I only have about $20k in c...
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Hello Everyone,
A couple questions/clarifications. So from what I have gathered most people use a variety of means to fund down payments on new investment properties. I personally am planning on using the e...
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I was watching the "90-day challenge" webinar and David was saying that it's not necessary to "buy the dip". I understand the rationale for this. But, how do you deal with the potential for the equity in the property ...
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My question is in regard to the 1031 exchange. I’ll have 2 properties in this theory that i’ll lay out. I am new to REI, so i’m not sure if this is even possible. If there’s something i’m missing here please let me kn...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Amesbury.
Purchase price: $210,000
1st Real Estate Deal WOOHOO 🙌🎉
5-7 Union St. is a two-family colonial that was built in 18...
I own a free and clear SFR and looking to use the equity to do a tax free exchange as a down payment into a multi-family. Any advice? Is this smart, pros and cons etc??
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Hey everyone! 16 months ago I bought my first property. It was with my money and my mom's credit as a co-signer. Purchased for $190k in Middle Tennessee and now worth around $270k. I've lived in one bedroom (sun room)...
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Hi, I own three small single family properties free and clear in Toledo, OH. I'd like to cash-out refinance to pull the equity out of them so I can purchase more. Problem is, they are probably worth less than $50k. ...
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Currently in contract. I'm putting 25% down on an $850K multi family. When all is said and done will I be able to take a heloc out on the property? Considering I will own at least 25% of the property. I want to make s...
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Hello Fellow BP Members. Hope everyone is well & safe!
I'm trying to wrap my head around how one would refinance a hard money loan into a 30 year conventional mortgage loan.
It seems obtaining a conventional ...