Has anyone found success in turning your primary residence into a rental, buying a new primary with 3-5% down and repeating each year?Thanks.
Hi all! Looking for some advice...My husband and I have been in our current home for almost 4 years. We are moving out of state in January (from Louisiana to North Carolina) and will need to sell our home. We have f...
Hi All,
I have just started out on my RE journey and have 2 properties. One turnkey and one other SFR. Both of these properties are financed with a conventional loan at 25% down. I have a question about financing.
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Hello BP
I had bought a property in Pittsburgh (15210 zip code), I live in NYC, bought it for cash, my second deal was a few years later when I did a lease purchase in Orlando, To be honest the lease purchase was muc...
Hello BP,
Up for consideration is the following:
A SFH priced at $28,000. It is 1200SqFt, 3 BR 1BA that an investor purchased a year ago for $17,000; He/she has done a good amount of work (drywall on one level, fram...
I’m looking for my first deal. Conventional lender who pre-approved me is a REI himself said 25% down payment on an investment property is standard. And they won’t do a loan under $75k (since closing costs would be ov...
I like the idea of a small multifamily for my first rental property. I'm looking at around 2-6 (maybe up to 8?) unit properties. I'm limiting it to this size because of the purchase price and not wanting to bite off m...
I'm looking to buy a single family home around Spring 2015 in the Central Valley area of California, namely Turlock, Modesto, Patterson, or Salida. My goal is to buy a home in the $180-$215k range, with no major updat...
Hi guys,
I was hoping someone might be able to answer this for me. I live in Vancouver BC, currently investing in Windsor, Ontario. I bought my first rental property there last year and its doing very well. Now, of c...
I am beginning to lower my personal expenses. So far, I have only gotten started by cutting a $97/month expense. I would like to cut more expenses. Would good could an extra $97/month do for my real estate business? A...