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Recently bought a duplex for 40,500. I put in about 8,000 and the appraisal came back at 80,000. Do i maximize the amount I can pull out of this or would I take less to maximize monthly cashflow? I.E. is the money I w...
Hey everyone – Looking for some specific advice on the following scenario:
Thinking about purchasing a condo/townhouse in the Houston area for my college age kids. Cost of property will be $150-200K. We plan on us...
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What’s up y’all - Curious what you guys think regarding financing investment properties Is it better to put down a larger down payment (30-35%) on an investment property vs the minimum (~20%)? If so, why? Specifically...
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I will be looking to sell my SFH in Milw soon. Have lived in it > 2 years - so I can take the tax credit - expect sale around $215K. No mortgage - owned free and clear. Also likely to sell as FSBO (w/ mls listi...
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Thanks to Mr.Joe McCall! I have spent $84 for a list of 526 absentee owners in WA state in the hot zip codes. How did I find the hot zips?? The Trulia heat map! I made the postcards at Staples for $74. It will cost me...
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Hello all, quick question. My wife and I currently rent and live in an apartment. Is it a good idea to purchase our own home first before investing? Or does it matter?
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hello everyone my name is chris I have a property I need to get private financing on. I have 25k to put in deal. The purchase price is 145k arv is 290k the rehab budget is 40k . I am talking to a private individual ab...
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I have a Freddie Mac Loan managed by Wells Fargo, I am being told that I am not allowed to transfer my title to an LLC. Is there a work around this?
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So, I own a duplex in my name only. I also own other rentals in my LLC with two unrelated partners. What does it take to “fold” (sell?) my individual duplex into the LLC? Partners pay me 2/3 of equity and we do quit c...
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For a passive portfolio what amount of capital expense do you set aside? Do you do a set amount per unit or do you just do a general fund? If you do a bulk fund what is the set amount you use?