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Hi,I am considering selling a rental property in Texas subject-to and owner financing the equity (120k) but concerned how that will effect my DTI. My current loan will be paid by buyer and then buyer will pay me month...
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Hey Everyone, So here's what I have:I'm in the St. Louis area and the property I'm looking at is a 4 unit 2 bed 1.5 bath townhome asking price is $599,900, I'm assuming because of the many repairs it listed such as ne...
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What steps would you take if you were in my shoes to start and build a portfolio? I’m interested in buy and hold properties, and I am just curious as to what some more experienced investors would do if they were in my...
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So yesterday my partner and I finally analyzed two properties in our area - by leveraging the rental property calculator (what a tool). The first property was recently converted to multi-units so there was no rental h...
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Good morning, quick question. After doing my taxes I’m left with $0 net income because everything this years was losses and no gains. Does that affect my refinance once I finish my first BRRRR, having a $0 net income?...
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hey BPjust looking for some advice on a potential deal. I got a call from a yellow letter from a seller. really only motivated because I sent a letter but will sell if "price is right". he left on my vm that he wanted...
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I have interest in a multi family property that is made up of loft studio apartments, all roughly 550 sqft. My initial interest would be trying to rent them out as mid term/ short term rentals. My question is this, wo...
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I have about 120k in my 401k and 100k in equity at the moment and would like to use it towards real estate investments. I've been researching different services to move my 401k money , such as Whole life Insurance or...
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We have a multi-member LLC are at the point that we want to begin taking money from our rental business. We can choose that the return is either counted as "return of capital" or "profit". If I take a return of capi...
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Hello,I am looking to jumpstart my career in real estate investing. I’m interested in learning from someone that is experienced and well knowledges. My goal is to purchase short term and fixer uppers. Please point me ...