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I just closed on my second investment property (a duplex) and should have it fixed up and rented hopefully over the next couple of weeks. My first property is a triplex and it cash flows nicely about $200 per unit....
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I have a client that wants to rent out their home and purchase a new home. Here are the details:Current residence that they want to rent out is on a USDA loan @ 3.75%. They have lived in the property for 15 months. Th...
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I have a client that bought a second home and is trying to put it into an LLC, but because it is a second home and not an investment property the lender will not allow this. She is starting to rent it out on Airbnb an...
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*This link comes directly from our calculators, based on information input by the member who posted.Here is a property (SFH, 3 bed 2 bath) I am interested in the Cleveland, OH area (Eucli...
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Hi, I've heard some gurus, Matt Terio to be specific, talk about a three option letter of intent. The final option is a principal only loan, where you divide up the payments over 20 years and simply pay off the house...
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I typically buy and hold, but in February this year, I bought a super run down property, and turned it around. When I looked at the numbers - total all in cost & rental income VS. just selling it outright, it mad...
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My sister and I have 20 acres in Poolville, TX. The property was bought by my parents in the 80's and put in our names then. I have since had a home built on the 20 acres next to my parents house and have lived ther...
I am a new member, Ill start with that :). I currently have a property in AK that after expenses are paid provides $250 in positive cash flow. The property's market value is roughly 305K and I only owe 228K. After cl...
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I set up an LLC and now I'm about to open a business account with the LLC and EIN#. I'm doing this to try and separate this business from personal everything if possible and now I'm wondering how I get the money I've...
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Hey everyone,So far BiggerPockets has been nothing but amazing for helping me on my ways to a successful real estate career. I have a couple of quick questions for those out there that have been in this for a while th...