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A friend of mine has $300k cash but cannot get a loan and wants to purchase a multi family building but does not know where or how big. What is the best way for this person to get the most efficient use of his money? ...
Hey everyone, my name is Conrad Montoya and I am investor living in Kanas, specifically mid-kansas, and I am just now seeing that Insurance pricing is quite insane as I add more properties to my portfolio. I want to a...
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I'm applying for a HELOC 175k - 200k and I was wondering if there was a way to use the funds to buy rentals and convert to conventional financing. If anybody has any experience with this it would be great to hear fro...
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I am selling a real estate investment property next year and wanted to talk to a CPA about capital gains and other taxes that I may have to pay for selling it. Please let me know if anyone is able to chat with me abou...
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Over the past 15 years as a private investor/owner/property manager, I have successfully invested over 1 million dollars of my own money into multifamily assets.Along the way, I developed 1 simple rule:“Don’t try to s...
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I'm looking at investing in a duplex. It's (2) 2BR 1BA units that are currently rented until Aug 2020, and Feb 2021. If I'm to utilize an FHA loan for this property I understand it's to be owner occupied for the first...
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My wife and I purchased our first home three weeks ago in May. The location is perfect for renters so our plan is to rent our home out in a year. In addition, the house next door is going to be for sale soon. We would...
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I am looking to buy my second rental property. There is a 4 plex that is a complete renovation. It is listed for $77,000 and has already been gutted. There are 3 apartments that are 1 bedrooms and 1 apartment has 2...
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Hi,
My name is Ron and I live in Memphis, TN. I am a relatively new real estate investor who is looking to gradually build my portfolio by investing in good appreciating zip codes in the Memphis area. My wife and I ...
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Hello BiggerPockets!
I am currently under contract with a condo in North Palm Beach Florida that restricts the ability to lease within the first year of owning the property. A financial advisor asked me abou...