Long Khang
cash out refinance or holding to pay off
I bought one duplex in Boston in 2010 for 387,500 with 25% down , 4.75% for 15 years fix rate.I collect 2,600 monthly, I have negative cash flow. Two years later I cash out refinance 10k ,15y at 3% rate, now mo...
Account Closed
Buying a house for cash flow or equity?
Hi,My husband and I are looking at two homes. One is in a bad area, but is cheap and would require some renovations (cleaning, paint, and a couple new windows, etc), but provide quick cash flow ($50,000 + $20,000 reha...
Bill Walsh
What is a good cash flow on arental
I'm a newbie with a couple of rentals. My question is how to determine weather a house has a good cash flow. I've been told to try to reach a minimum 10% cap rate. I'm using net operating income total (NOI) / purchase...
Tim White
Investing in Cash Flow properties in Jackson, MS
Hello, I am new to BiggerPockets and I am looking into investing cash flow properties in the my hometown of Jackson, MS. Specifically in Single Family Residenital homes. I currently live in Madison, AL.First, I want...
Cowan Bucks
Buy a negatively cash flowing property on purpose?
People of Bigger Pockets, First off, I'd like to say thank you to Josh Dorkin and Brandon Turner for this fun and informative site. Also, if any of you have not listened to the podcasts they put out, I would urge y...
Micah Roy
Best Way To Obtain Cash For Rental Repairs
The time has come for some exterior repairs on my rental property. We have owned the property since 2006. Lived in it for 8 years and have rented it out for the last 7. Interior is up to par with the market minus some...
Rhianna Cultrona
Would you pay cash vs high interest rate?
Opportunity to buy a house for $80k. It would be a buy and hold and the cash flow and COI are decent but the interest rate is a killer. Would you consider paying cash for it. Kills your capitol but increases initial c...
Jimmy Suszynski
LLC vs. Personal for cash-flowing BRRRR properties
Hello everyone!I recently found a local portfolio lender that fits perfectly into the types of BRRRR properties I want to acquire. They are cheaper (<$100k), single-story, SFHs built in the 50's/60's. They are cash...
Abdullah Rubiyath
Putting cash offer (funds available) but using financing?
Hello everyone,I am considering putting all cash offer (I have funds available - read more below), but I will be using conventional financing as it will be owner occupied by myself. Could anything go wrong?.I found a ...
Dan MacDonald
Lender for cash out refi on primary residence?
I'm looking into doing a cash out refi on my primary but I'm finding lenders telling me that it's not an option right now (saying cash out refi's have all but stopped since covid). Anyone aware of any lenders/banks do...