Mike Williams
Should I buy this house???
So I am in a situation I have never been in before. Buying in Charlotte, NC and the market is very hot right now. I have made multiple offers on listings and have been outbid on all of them, even when offering the ask...
Joe Capobianco
Start investing vs clearing debt first
I have been listening to a lot of Dave Ramsey podcasts and he insist on getting out of debt before doing most things. I have about $18k in car payment left and $30k on the bank saved. I can easily pay off my car but t...
Joe P.
Deal Analysis - Gloucester City NJ (again!)
I originally posted this a couple of weeks ago with some updated numbers. My initial cash-on-cash seems low, but I can't tell if I have too many dollars allocated towards property management (I'll be managing it mysel...
Matt Randall
Question about investing with a DSCR Loan
Im hoping someone can give me some advise on this, I'm looking at buying a triplex and putting about 25% down and using a DSCR loan for the rest, has anyone that has used a DSCR loan have anything good or bad to say a...
Georgee Gilbert
Buy and Hold Commercial
I used the BP buy and hold calculator to analyst a commercial property and the numbers didn't make sense. Not sense to purchase and lease out. Can you use this tool for commercial properties or am I missing something....
Alvaro Suarez
How to avoid the 6 month no cash out period?
So I have been looking a wholesale properties to remodel and rent after. I was thinking about different ways to avoid the 6 month period in which one has to own the property for in order to refinance cash out. Here ar...
Jonathan Boyd
Why can't I find tenants?
Hello All,So my wife and I have owned a duplex on the NE side of Grand Rapids for the last 7 years and have never had a problem finding tenants. We are situated right between downtown and Knapp Corner with easy access...
Craig Moore
How to avoid PMI? Is this possible? (FHA Buyer)
Hi All,I was wondering if any of you had any advice on how I could avoid, if at all, private mortgage insurance. I have heard that this is a significant chunk of your monthly cash flow and if I can avoid it or shrink ...
Luis Arguello
Strategies to reduce taxable income while deploying capital to build wealth?
I manage 150 units across 30 properties in Miami. I work for a single owner. We are projecting to pay taxes on $1,500,000 for this year and $2,400,000 next year. That about $500,000 in taxes this year and $800,000 nex...
Jose Mejia
refinancing a property from hard money lender
Good afternoon,My name is Jose Mejia and I am looking to find a lender that is able to do a cash out refinance for a property that I invested in with my brother through a hard moneylender. I would appreciate any and a...