Markeilsha R.
Negotiating the forgiveness of a 2nd mortgage (non foreclosure)
Hello,I'm working a sub2 deal in PA where the owners are eager to move and willing to sell the property for what they owe. The property is in excellent condition (only 9yrs old), they just would like to get it off th...
Steve DellaPelle
Conway/Myrtle Beach Area - Out of State Help
Hello SCers,I have a SFH (3 BR/2 BA) in the Myrtle Beach area...probably about 7 miles away from the beach and right next to Conway.It is being rented out and producing a decent cash flow but I honestly do not love th...
Hector Li Chang
Newbie from Barrie, Ontario
Hi everyone,I'm interested in learning about real estate investing. My assets are primarily our mortgaged home (55% of value mortgaged) and a growing equity portfolio. I think we're going to stay mostly in equities in...
Christina Hernandez
Should I keep paid off house?
Hi! I need advice. I have a paid-off investment house in Austin, worth about 385k. I receive $2200 a month in rent. The ROI is fairly low ( 6.8%) and the value seems flat. Shoudl I sell? Thanks!
Shawn Kostoff
Under Contract for First Rental Property
Good Morning BP!Last night I put a property under contract that will be my first rental property. I have experience with flipping and wholesaling properties, but this is a new venture for me. I am looking for advice...
Account Closed
Why do people invest in 6.5 to 7% cap rates?
I live in midwest ohio which is supposed to have some of the highest cap rates in the country and I am consistently seeing low B grade multifamily properties selling for 7 percent cap rates, is the competition really ...
Steve Velez
Looking for Cash Out Refinance options for Bronx, NY Co-Op
I currently own a co-op in the Bronx, NY that I rent out to a long term tenant. It does not have a mortgage, and I would like to cash out refinance.
I would like to use the cash out to purchase another investment pr...
William S.
What should I do with this home? Former primary residence
This was my former primary residence. It's currently being rented out until the spring. My first thought is to sell it and move on to something better. I wanted see if there is another option I'm not thinking of (refi...
Ahmad Darensbourg
Negotiating prices without involving the realtor.
If a home owner has a listed real estate agent, can I still bargain and negotiate directly with the home owner for a lower price?
Chris Meunier
Pros/Cons to paying off rental property early
Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...