Michael Vallee
Commercial financing question
No longer amongst the "W-2'ers" - living on rental income and capital. (Due to circumstance - more so than some freedom walkout retirement announcement)
When applying for a commercial loan - I've read that the loan i...
N/A N/A
To PMI or NOT to PMI?
Trying to acquire a house for rental purposes, long term strategy is to rapidly build a rental porfolio
Purhcase Price is about $55,000 two financing options available:
1. 90% loan which will be at %7.25 interest an...
Kevin Horton
Your 2 cents on my STR / Vacation rental opportunity
Your opinion is welcomed.My wife and I came across an inexpensive property, in a pretty popular vacation destination in the mountains, that we would enjoy for ourselves. Around $70k. This property is a cabin, but does...
Shane Gaboury
What is the next step?
I currently am in my mid-twenties and own a 3Br Condo in Northern Virginia and rent out one of the bedrooms for 800 and the mortgage is $1,500. What should I do with my discretionary cash flow?1. Set up a solo 401k?2...
NIcholas Hamel
Interest Only HELOC??? Good or bad?
Hey guys looking to get a HELOC on an investment property. I’ve called numerous banks and found one that will do it but it’s an interest only HELOC. This is my first time using a HELOC. Is this a good idea or no? Th...
Nick Bleser
Newbie from Wisconsin
Hi Folks! This is my first post. My wife and I recently bought our first rental property and are trying to figure what to do next. Our first property is only 2 months behind us but we are bouncing around the idea of m...
Jim Couch
need help
My wife and I are new to real estate and BP. We have been reading up on the material provided on this site ONLY. I say only because i do not want you to think that we have been sucked in by "Infomercial scam". We are ...
Ming Wan
Cash for keys vs Eviction / San Jose
Hello,
I have a SFH property in San Jose where the tenant has not made even 25% cumulative rent the past 3 months. Rent is 2500$.
Losses incurred till date. 7000$
The lease expires March 30th. I am starting to worr...
Robby B.
Tenant Security Deposits Need to be in Savings Account???
I have been investing in real estate for about 4 years now and now own 12 rental properties. I do a pretty good job of keeping the units full, but obviously we all have some short term vacancies here or there. Well I ...
Tanya Brown
Solo 401k Nonrecourse loans
Where are people finding non-recourse loans to fund a buy and hold rental property with their Solo401k? I found 2 lenders who specialize in it but rates are almost at 7% I can get 4.5% from credit union and 5.75% from...