Joseph Benedict
Leverage
I am looking for some opinions. I have 9 SFH properties, each paid for. I have found another rental house that I would like to purchase and have an unused equity line on one of the other rental properties that will ...
Austin Works
Considering My First Rental Property
I live in an area where townhouses are very popular. However, I have come across an opportunity to buy a townhouse for $74,000 that appraises for $115,000 & rents for $900 monthly. I currently own zero rental prop...
DeNay Ramsey
HELOC versus Cash Out Refinance
Hello BP Team,I currently own an investment property in Oakland, California that I just remodeled. It was initially tenant occupied until November 2017 when they suddenly moved. In the process they severely damaged th...
Aidan Birmingham
Potentially taking losses while student house is vacant
I am negotiating a seller financing deal for a student house at $380000. The problem is that the house is vacant for the first time is years because it wasn’t listed properly by the owner that inherited it. Since the ...
Crystal Sherman
Using a credit card for investing
Has anyone used a cash advance on a credit card to finance a property? We have some high limits on a couple of credit cards with the interest rate being either 0% or 4%. My husband is military and the rates won’t chan...
Christopher R.
Paying Handyman
Hi. There is a handyman in my area that I frequently use. When there are small repair issues, I would just send him to the units to address the issue.My biggest difficulty is that he doesn't accept checks as a form of...
Damon Aniton
House hacking for the long term
I am looking at pulling the trigger on my first home purchase this week. Possibly as early as tomorrow. Just waiting on confirmation of a few more things. The details are as follows.4 unit 8 bed 5 bath total new co...
Christian M.
Multi family, owner occupied investing
Hey guys, I was curious about an investing strategy I plan to follow and was wondering if anyone on here has attempted this strategy and if you could let me know any flaws you find in my strategy. I am a 23 year old a...
Alex L.
Advice: Should I Sell or Rent
History: We are 6 years into renting our first home, it has gone well and we are comfortable renting and what comes along with that. We are now moving from our current home(call it the 2nd home for purposes of this co...
Dale Tucker
Good deal?
Hi all. We're new to real estate investing and getting ready to look at a 4 unit locally. Great community, top schools, upscale area. They're asking 325k (price just dropped 15k). Stated gross income is $41k per year ...