Claudine Stering
25K Cash in Hand - What to do?
Hello all, Just starting out and I've read so many books and still haven't found the right path/advice. I have 25K cash and have been told several 'must do' with. 1) Immediately put in your saving account 2) Put it in...
Robert Ferrell
Using credit cards to fund the purchase of rental properties
Is there anyone out there who has used credit cards to fund the purchase of a rental property? I am planning to use my cards as a tool to aquire property and then get a cash out refi as soon as possible to pay off tho...
Hyeseong Park
Question about the best loan I can get for refinancing
Hello,
I recently bought a distressed property at the end of June (6/27/23) for flipping as my cash only and I just finished rehabbing it using my cash only and put it on the MLS market currently. But it seems like ...
Tom Cotter
5.375% Interest for Conventional loan on Investment Property??
Hello All,I'm in the process in buying a second home for the purpose of renting out. I plan on going with a conventional loan at 20% down, the loan officer I'm working with has me pre-qualified and has the interest ra...
Michael Morton
5 Unit MultiFamily Analysis - First Investment
I'm looking at my first rental property. This is in an working-class town 60 minutes west of Boston. It's in good shape, doesn't need much work at all - maybe some minor stuff. Long-term tenants occupy most units (...
Derek Hutson
Unconfounded roommate fears
Hello!In the near future, I will be making a move on a property that I will be house hacking.However, my soon to be wife is afraid that any roommates we may have that she does not personally know will turn out to be e...
Westin Hudnall
Would You Rent To Them ? Need advice quick !
Rental amount $1175/month with $1000 depositClients Financials : Husband - $2500/month before taxWife - $355/month in child support. Stay at home mom (they have 3 kids. Age 2, 6, and 8)They own 2 vehicles (07 Chrysler...
Marquest Page
wholesale under contract
Ok, let me start of by saying I'm very new at this.... Now with that disclaimer, I just got a deal under contract yesterday for a 2bed 1bath in Winter Garden, FL for about $41k... to be honest I'm not sure if it's a g...
Jennifer Jackson
Potential tenant has bad credit and a DWI
I recently met a potential tenant that I fell in love with. Very sweet personality and she was excited about the uniqueness of the property. I checked her credit score and it was not great (595), has a history of some...
Nick Yanutola
Should I rent or sell my house?
Hello all,New member here. I just found the website researching some stuff related to the issue below. I recently moved (not far, just found a house I like better). That leaves the question of what to do with my for...