Jack B.
Cash out refinance: before or after 1031 exchange?
I have a few rentals houses that have 200-250K in equity in each. I'm planning on selling ONE of them in the next year or so partly due to the HOA but also because of other reasons. Last time I did this I just took th...
Thomas Barrick
New Investor in Cincinnati
Hey guys,Long time follower, first post...my name is Tom Barrick and I bought my first property in June of this year in Cincinnati, OH. I purchased a duplex (Unit 1: 3+br 1 ba Unit 2: 1 br 1ba) and I am house hacking ...
Cory Iannacone
Is the 2% Rule still alive in the central Pennsylvania market?
When I closed on my first duplex in Harrisburg, Pennsylvania in August 2017, "the 2% Rule" was the gold standard for determining whether a property would cash flow. (The 2% Rule says that the gross monthly rents shou...
Marc Zak
Cost burden of appreciation
In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual...
Dave Kennedy
Rental Invesment (with no money out of pocket)
Looking for some feed back on this proposed scenario below. I its possible to structure a deal like this. Not really asking if its probable but just possible.
Let say you find an apartment complex for $1M, look at th...
Dave Versch
Appraisal came in low. Now what?
I applied for a mortgage with Bank of America about 5 weeks ago. I'm supposed to close on this 2 family on 3/27. I've been bugging them for the past week because they haven't had the appraisal done yet. Finally tod...
Tristan Beavers
Finding Flips for My First Client!
Hey guys! My name is Tristan and I'm a realtor for T3-Realty in Jupiter, FL. I am currently searching for homes to flip. My client has requested I search for homes between $300-400k in purchase price in Palm Beac...
Eric Mcginn
When to refinance, and who with
I’m not sure where my question fits in or precisely how to explain it but I’m trying to decide if I want to refinance with a different local credit union for a slightly better rate / term. And if so, which of my 3 inv...
Zach Gordon
Cash out Refi a rental home/condo under an LLC in DC area
I have been calling around to several large banks to look at financing options for several properties that we are renting out in the DC area. A partner and I own several condos/townhomes and under contract for several...
N.A N.A
Use 401K/IRA for a real estate purchase?
Hello. I am looking to buy land (not for primary residence) and I heard that you can use a 401K or IRA (or similar) to purchase real estate, or else loan yourself money from the 401K, or something to that effect. Is t...