My Uncle used to flip houses and he was very successful at it so I usually take his advice seriously. However, he said something to me recently, that just didn’t make sense. He told me that I should never pay off my...
I am just starting out as a real estate investor. You can read my bio for more info, but a quick overview of my situation: I am 20 years old, and currently in college. I have an internship as a property manager. I man...
My plan is to buy an undervalued MUP with an FHA loan, fix it up, rent out the other units while I live in one, then refinance it and use the year I’m required to live in the property to build up my down payment on th...
What y'all think about investing money on a 2 bedroom 2 bAthroom condo. People say condos are not good investments I just want to rent it out.
I recently purchased my first home with FHA. However I now want to begin investing. Can I now obtain another property with a 203K loan? Or do I have to wait until I can refinance and change my loan into a conventional...
Hey all!Looking for help here. So I found a mixed-use rental property for sale in NJ. It's a 2 unit property: 1 commercial and 1 resi. Both of them are already in lease (the commercial one has been there 17 years!) an...
I have built significant equity in both of my single family investment properties and would like to tap the equity from both to put a down payment on a multifamily. I was planning to take advantage of the low rates an...
Wow! Our last poll had over 700 responses! Because I think the last poll generated a ton of interest, I'm going to start doing this regularly until someone stops me or I run out of questions to ask :) This week, the p...
If you want to do a short sale but have never been delinquent, have no trouble making payments, and do NOT want the bank to forgive the difference, but allow you to make arrangements to pay it off (assume as a loan o...
Hello,Traditionally I have always done 20% down for a rental property and tried to see if I can find anything on obtaining a loan that requires less than 20% down on a investment property. I have great credit, own my ...