Trevor Fritz
Using the 50% Rule on Small Multi families in Chicago
Hi everybody,I have been searching for about 6 months for a 3-4 unit multifamily unit in the Chicago area, preferably north side. I am also planning on using an FHA loan, which has made the process more difficult. At ...
Kristopher Sharpe
First Deal Analysis - Purchasing a Duplex
Hello all,
I am looking at making my first REI and finally found a property I am extremely interested in but wanted to make sure I am not missing anything. I found an off market deal for a 3 bed 2 bath duplex each un...
Cory King
West Knoxville - Buy and hold, cash out refi then heloc
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $180,000
Cash invested: $100,000
Personal home. bought off market and put a small amount down on a conventional loa...
Lucy Tashdjian
Purchasing an Investment Property with 60k
I live in Los Angeles and have 60k cash to invest. My goal is to live off of passive income. I know LA is more of an appreciation market vs cash flow so I am thinking out buying a SFH out of state and renting it out.....
Christine Mwai
Any ideas on how to do a cash out with less than good credit?
Hey all! I've been trying to brainstorm on how to do a cash out to enable me to move forward in my real estate investing. Here is my diallema.. And history: my credit is not good due to a foreclosure etc secondary to ...
Jonathan Fraundor
College student buying my next Rental
Last year i was able to buy a single family 3 bedroom 3 bath house with my brother by our parents lending us 146k cash. We have 30 year and 4% interest rate with them. Just turned it into a 5 bedroom and will be renti...
Bruce Filgate
Tax deductability of cash out financing after cash purchase
I am new to REI and was hoping someone on this forum could help....I have purchased a foreclosure for cash, am rehabbing it then want to do cash out financing and make it a long term rental. I have read that the inte...
Angie Taggart
Buy and hold #3 - Chicago
Investment Info:
Single-family residence buy & hold investment in Chicago.
Purchase price: $85,000
Cash invested: $1
Purchase: $85,000 (plus $40,000 construction loan) using private money
Rehab: ...
Steven Martinez
Fortwayne, Indiana, multi-family, looking to get started in the area
Hello everyone, I live out in Califorina, but have family out in Fortwayne Indiana and spent a lot of time in my teenage years especially in the summer out in Indiana. I love the area and would like to invest in mult...
Solomon Smaniotto
Easier or harder to get approved with 2nd, 3rd, etc home loan?
Hi! I've been a long time lurker and got a question...let's say the work income, cash amount (savings), credit score, etc are average and you managed to get approved to buy your first 2-4 units property with some posi...