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Hey folks!We just released another awesome free tool (for everyone - Pro, Plus, and Free members!) to help you stay more organized as you build your real estate portfolio. It's called the Portfolio Tracker and we'd l...
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Hello Everyone,I need everyone's input on a deal that I'm in the process of making. Here are details: Specs: Duplex built in 1976, each unit with 3 bedrooms and 2 bathroomPurchase price / financing: $199,000 with 20...
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I just completed my first rehab on a distressed property I have bought. I just completed a cash out refinance on the property but now the bank tells me that I am not able to put the property into an LLC. Are there any...
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What would you do? Our first property we bought as a personal place to live on a 15 year note from a family member in 2012. We have paid about half of the life of the note obviously. In that time, we moved, kept it as...
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Question for buy and hold investors..After putting money aside for reserves, what do you do with excess cash from your rentals?
1. Use it as downpayment to acquire more rentals?
2. Use it to payoff mortgage on exist...
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SCENERIO:
Purchased an investment property in NY for $110k. 3200 sqft, 1600 sq ft basement, 3br 3bth w/ 1br 1bth legal accessory apt. The home needs about $175k-$200k in reno. ARV: $500K+
Once renovated my plans are...
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Hey y’all,Long time listener first time caller LOL.I have a property we are planning to flip. Bought for 76,500 can sell for 150-160. Needs about 25k to 40k renovation depending on how nice we wanna make it.I had anot...
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I bought a SFH with 40k about 1 year ago which has been rented for 750/month. I am trying to get refinance on it with a bank. The loan amount will be 60k with appraised value of 80k. The monthly payment is about $300 ...
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I just put a house under contract, lender mentions the mortgage payments will be $1100 a month. Plus property management $100 for a total of $1200. The house can be rented for $1,500-$1,600. Which is 0.92% of the pric...
I just recently discovered bigger pockets and Feel motivated to buy my first rental property. We currently live in our first home that was financed through a VA loan 0% down. We dont plan on moving since we built the ...