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Hi everyone, I'm trying evaluate between two options. I currently have to apartments that I rent out. Both are owned without any debt. One is STR and one is LTR. After all fees, taxes, management and cleaning, i have ...
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Before anyone gets the wrong idea, let me just say my wife is a wonderful, low maintenance, and supportive woman. For a couple of years, she pushed me to look into real estate investing (buy and hold) but I blew it...
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Happy Holidays ! I need people who know please . I bought the building that my C corp business rents with a LLC company I own. Sold to me for 1.7 I still owe 700k that the old owner carried at 3% interest only now due...
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Hello everyone,I have got an oppurtunity to take first mortgage with 58% LTV. But I Have few questions about it..(1) he said he want to use part of the money to pay IRS debt of 28000 (2) use rest of the money for addi...
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I recently purchased a home using the BRRR strategy and it worked well. However, I just bought an additional two properties (cash purchase) and I think I may have difficulties with the Refinance portion due to DTI (De...
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Have some bad debt from building on to my residence. I owe 50k on a 125k rental house that I plan to pull the equity out. The current payment is 700 and the rent is 850. The problem is that the interest rate now will ...
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Looking for advice:Currently own 1 home 65,000 owed value approximately 110,00- 125,000. (4 bedroom 1 bath slab home) Husband and I have about $30,000 debt otherwise (cars, cards, student loans). We have the opportuni...
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You're a passive investor chomping at the bit to invest passively. You see a headline come through on your email with an offering - ONLY 50% leverage, smoking DEAL! But is it? As a syndicator and also passive investor...
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My real estate investment strategy over the last 10+ years has been to purchase a property everytime I move. As a military member, I move every three years or so; hence, I have several rentals that were, at one time,...
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My wife and I rehabbed a property 6 months ago and rented it out way above what the mortgage is. Current Mortgage is $460 and the unit rents for $1500. We want to take a heloc out on it to pay back her parents who hel...