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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...
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Hi! Everyone, I will appreciate some advice on the following scenario. I have 40k to invest in a new rental but not idea how to proceed with the analysis and numbers. I'd like to buy a Townhouse...
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My wife and I want to start our investment career by selling our current sfh and moving into a 2-4 unit multi family. Our reasons for this are twofold. First, the roughly $50k in equity we have would give us money for...
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Just to get this topic rolling, the main thing I have heard a lot about, but not necessarily the most detailed info on is how my one house that in live in can be used as leverage assuming it is going to be a rental pr...
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Hey ya’ll-Bought an REO foreclosure (cash) as an Owner occupant last April. -House was a 3/1, converted it into a 3/2 then I had the idea of enclosing the carport and terrace. -The carport is a 1/1 “in law space” wit...
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I currently have a mortgage that was a 30 year but now only has 16 years left.I no longer live in the property and I am going to be renting it out as a rent to own.To improve cash flow I am looking to refinance the pr...
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I'm just curious what other investors prefer and why. Some of my local gurus are recommending that long term loans (mortgages) are better because they get more of the profits right at the start rather than waiting for...
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Hello! I'm new here and this is my first post on this forum. I have a rental property at the Tidewater (VA) area which has nice cash flow around $700 and about $200K of equity. It is in a nice subdivision and it alway...
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Just starting out. Using equity. Should I use a Loan or Line of Credit? Should I use a Mortgage Company or Credit Union? In the Houston Market, should I fix and flip or house hack a duplex?
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So since I started I purchased my first 2 properties with cash. First one a duplex with $22,000 all in and cashflowing $700 a month. Then a SFH for $30,000 all in and cashflowing $400. I then took a line of credit ou...