Tyler Tervooren
Wife wants to "save" the family beach house. Can we do it?
Hello RE geniuses,Story below, but here's the main question: If we were to go through with it, what is the best strategy for a medium-income family to purchase an expensive short-term vacation rental?Here are the deta...
Brett Riemensnider
Pulling Equity out for a down payment
Hi everyone. I am looking to buy my first rental property and so far have narrowed it down to a small Multifamily. Unfortunately I only have about $25k as a down payment which isn’t much to put down on a Multifamily. ...
Paul Jones
How do you pull off the cash out refi in Texas or finance multiple rentals with TX50A6 statute?
I am a newbie, but I have one free and clear rental SFH with excellent cash flow. I wanted to do a cash out refi of about 50% LTV to get the next one or two, but was told by my banker, "can't do it." He said no b...
Uzma Abdullah
What would you do with $500k? Buy your own house or invest?
Hello BP family - my husband and I are looking for some advice on whether we should buy our own home in Southern California (specifically Orange County) or whether we keep paying rent and invest out of state to build ...
Steve C.
Living off of rental properties for most of retirement income?
In my field (counseling), I've been working for almost 20 years. While the salaries have been low, up until this year when things really spiked, the retirement plans and money able to be set aside was just embarrassi...
Fernando H.
Pay off Debt for higher DTI Ratio or Invest? HELP!
Current Debt.1 SFH: rented - $200 positive cash flow after paying off mortgage2 Duplex: rent one and live in another: $200 positive cash flow afer paying off loan3. SFH: *currently rehabbing* - free and clear - ARV 70...
Scott Trench
Act Now or Wait? IF Under Contract - Close, or Back Out?
A lot of investors are reaching out to me right now, often those who are currently under contract on a first or second property. Luckily, almost all of the folks I've talked to are in strong financial positions overal...
Scott Garvin
Help Analyzing a property
Hi everyone... I'm a newbie that is getting his feet wet analyzing properties. I found one on the MLS and ran number against it and wanted to know if I am doing it correctly or if anyone has pointers,Here is the run...
Isaac Dixson
Buying First Property
Hello .. My name is Isaac, and I am new to Real Estate Investing. I currently rent an apartment. I want to buy a property within the next few months but I am not sure which direction to go.
My question is, ...
Joey C.
Buy now with cash? Or wait to finance.
I currently have 50-60k to invest in my first rental property. There are many single family homes and condos for sale in my area listed anywhere from 40-70k. Here is where the question arises. I was discharged from ...