Eric Payne
Lexington Kentucky Investor - Allow myself to introduce....myself...
Hey guys, I've been huge fan of the podcast for a couple months now, and I finally got around to joining the community. I'm a full time civil engineer and I bought my first rental property in 2012, and have exp...
David Albertson
Cash-out non-owner?
I have a rental property that I paid cash for. Now that the rehab is done and I have a tenant, I'm looking to finance it. I've been talking to an affiliate of Wells-Fargo. The good faith she sent me shows $0 originati...
Ryan P.
Using HELOC as cash reserves
Does anyone know if it is generally acceptable to a lending bank to use my (primary residence) HELOC as proof of cash reserves when applying for a rental property buy and hold conventional loan? Or do you need to sho...
Ashley Matejewski
Looking for advice/mentor in flipping in the Chicagoland area
I’m just starting out with real estate investing and am looking to network with people to get advice and possibly a mentor through my first few flips. I have been consistently researching and looking for deals but wou...
Jeff Grove
Just logging my first investment from back in the day...
Investment Info:
Single-family residence buy & hold investment in Lehigh Acres.
Purchase price: $75,900
Cash invested: $15,180
Sale price: $129,500
This was a condo I rented for two years. I ...
Sean Morrisey
Portfolio Loan for Cash Out Refi in Illinois
I have a handful of RENTAL properties I want to perform a 75%+ LTV cashout refinance upon and get a rate better than 5.50% amortorized over 30 years or more. Who lends in Illinois and can help me out?
Kim Livingstone
Documents to calculate rental property depreciation?
I know that depreciation deductions are spread out over the “useful life” of a property. The IRS allows an owner to depreciate the value of the home over a 27.5 year period. Depreciation is calculated with this formul...
Greg M.
Hard Money Advice
Hello all, So I have recently purchased my first multi-family @$105,000 using conventional financing. Current gross rents are almost 3.5% a month ($3500,00). This area has fantastic cash flows, granted they are most...
Albert F.
Equity line of credit loan to buy a multifamily property.
hi all I need a little advice on a what I think it's a good deal. I'm trying to buy a Reo in Puerto Rico. It's a multifamily and need about $25,000 in repairs. The first level has 4 bedroom/ 2 bathrooms and garage for...
Nelson J Castillo
Buying first property process
Hello all,I'm in the process of buying my first home and have run into a few bumps. I'm hoping to get some feedback regarding the situation. I submitted an offer on a property and it was accepted. I'm using a conventi...