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For those of you that have never refinanced, here are some of the benefits and how it works. I am bringing this up because the 10 year treasury is at an all time low - Today! Refinancing to a lower rate allows you t...
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I am a newbie although I have been throwing deals into the BP Calculator for over a year to gain understanding. I would like to purchase a multi unit soon. It seems that the greatest factor in the quality of the deal ...
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So i have this 4plex im interested in but dont know if its a good deal i ran numbers based on pro forma and got good numbers then i finally got the financial spread sheets and renters roll and its still kind of good b...
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Hello fellow investors. I wanted to throw this out here, specifically to Detroit investors, but if anyone has some good input, VERY OPEN to it. I have been investing slowly since 2006 and I have accumulated about...
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I know what the formula but why is it so important?
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Would it be a bad idea to get your first rental property without an FHA and just put a 10 or 20% down payment? I really like the idea of 3.5% but wouldn't want to be living there myself for a year. I just don't know t...
Hi, Our current savings account in bank pays 0.15% interest. Wondering where is the best place to park cash (50K). Until we decide where to invest, what would be the best place to park the cash so it can earn more ...
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I am a newbie from NY looking for my first BRRR in Houston, TX. My target is a single family/duplex in the 200k range with good buy & hold potential. What are some of the neighborhoods you would recommend? Any re...
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I have a free and clear homestead property. I can do a cash out refinance on the homestead to purchase 3 rental properties. Or should do separate mortgages for each property? I know the interest on the mtg for the ho...
i currently own 3 townhomes one of which is rented, and the other two will be shortly.I paid cash for all of them and own them free and clear. I have them listed as LLC . Iam told that i will need a commercial loan t...