Kirill Yab
Flipping a property.
Hello everyone! Thank you in advance, for taking the time to read this and for your advice.Here is my dilemma. There is a house I want to get. The entire property is about 3500sq ft. Give or take.The owners bought the...
Tyler Woodson
Des Moines, IA intro
Hi Everyone! I'm Tyler hailing form Des Moines. I have a background in finance, but I am very green when it comes to real estate investing.
I have a young family with two kids and we have a goal of buying my first...
Joe Conklin
Investing Own Cash into Deal Advice
I plan to undertake my first buy, rehab, rent, refinance deal and am looking at homes in my market. I have private money of 30-50k available to me in which I am paying out 6%. I also am willing to put $50,000 of my ...
Daniel Grossman
Real Estate License or not?
I am just starting out and have possibly found a property I am interested in. I am interested in a rental property strategy so I’m not looking to flip. Should I go for the real estate license anyway to make things eas...
Enrique H.
pay off owner finance sfh?
So I brought a sfr for 90k owner fianance.debt is down to 20k. Market is too expensive now so most likely woukd not buy anything in the next few months. my question is should I pay this off if I can? or kerp the cash...
Tom Nellman
How much additional debt can u add to traditional mortgage?
Hi,I am interested in purchasing a rental property with a 30 yr mortgage. The rental property is $85,000. I also carry a personal loan of $277,000 that is on a 5 year note, has 3 1/2 yrs left. I have never missed a...
Charles Wilkes
Purchasing rental properties, currently flipping
A little about myself, I was in new home construction until the market crashed. I held onto a few pieces of overpriced property and built on them and sold for a loss in 2012. I decided I wanted to get a regular job, s...
Ryan Pritchard
Luxury Vinyl Plank Flooring Thickness
Hi All,I am in the process of planning a rehab on one side of my duplex in Raleigh. I have spoken to a few flooring companies and many have recommended either a 40mil or 20mil thick LVP. Does anyone have any recommend...
Claude Niceman
Tracing funds from a Cash Out refi
See example belowBuy property 1mil 250k down 750k loan (ignore CC). NOI 80k, int exp 45k, post finance NOI 35k less depreciation 31k, taxable income 4kFast forward 7 years value is up 250k, income up, etc....do a 250k...
Patrick Williams
Tap into equity in two unit?
I have a two unit investment property that I paid too much for in 2015. Small unit is an Airbnb, large unit is rented full time(pre-pandemic both units were Airbnb but renters are decent now and are low maintenance). ...