What are some recommendations for a free and clear inherited home to fund future real estate properties?
Hi friends,Hope you’re all well during COVID. I’m looking to make my next move and need your advice.My 1st and only property I’ve owned since 2012 I bought for 120,000 in Downtown Orlando Fl, I owe 76,000. It’s rente...
Hello all, I have a basic investing question: What is considered a positive cashflow when we borrow 100% of the money to invest in a property?In general and simple terms, it will be the money I gain over the money I s...
Hello Everyone,
Greatly appreciate any thoughts on the matter.
We have a property in Big Bear, CA and it is making a small profit this year, but it is strictly an STR. We have decided to focus on Midterm rentals an...
I have a long standing relationship with my credit union. I'm in the process of trying to set up multiple avenues of financing in the event i find a deal i can move on it. I do not want to depend on a single source ...
We have a practically paid off rental property (we owe 39K on a 5.25% 15 yr fix) in a great neighborhood that has had the same renter in it for 7 1/2 yrs. The home is worth. $400K Our primary residence is on a Inter...
Hello BG Community!I'm interested in a cash out mortgage refinance. Here's the current situation. We currently have a 15-year mortgage from Wells Fargo on this 3-bedroom, 2-bathroom SFR in downtown Raleigh. We owe ...
My husband and I own 4 single family rentals. We have a personal home with a mortgage on it that we've paid down substantially over the years. We use a HELOC on our personal home to buy rentals with cash. We have so...
I have a 3 family/Triplex and the owner transferred the deed to me. Now that I own the property I can wholesale it or fix and flip. Since I will own the property my questions is:1. Have anyone executed the strategy w...
Hello All. The past few months I have been doing much research in rental properties and wish to buy one soon. I currently live in the Twin Cities but am looking to relocate to San Diego area if all goes well with my j...