I just purchased my 1st duplex in January. Renovated and tenants area now paying 100% off the mortgage. What is the best way to acquire a 2nd rental property? I’ve already used my FHA so I’m thinking conventional 20% ...
I'm located in Dallas, I've been looking at several different options..mutual funds, multi-family, apartments, or franchising. I have access to the VA Home Loan, but there's a lack of multi-family properties in my pri...
I was just updating my portfolio spreadsheet and I noticed that our equity position for our portfolio just surpassed the 4 million dollar mark (the majority of which is split between a partner and me). When I saw that...
Hi everyone. My name is Chris and I currently live in Manhattan. The market here is ridiculous at the moment, so I am exploring a few options, including house hacking in either Westchester or Nassau County and/or look...
Looking for advice/options to finance a short-term rental property.Here's the deal:Property: Purchase price $400k, 2yr rental history gross $70k/yr, looking to do improvements $10-15k once purchased. Positive Cash-flo...
My wife and I just completed our second BRRRR on our fourth rental property: a SFH in Fayetteville, NC. Here are the details:Purchase Price: ~$55,000Rehab: ~$10,000Rent: $925Appraised ARV: $125,000 Cash Out Refi: ~$90...
My wife operates a profitable salon located in a small 10,000 sq ft strip mall and is currently paying rent of $5k per month for 2,000 sq ft space within this mall. We have saved up approximately $250k of cash and hav...
I want to take over someones property and then seller finance it to a tenant buyer in St. Louis Missouri. What will/should I expect to happen? -will the bank call the loan due? or just threaten. Will I be able to expl...
Costs Associated With Buying Your First Home
As a purchaser in a real estate transaction there are two costs you are responsible for, ...
Hi all!I have found a really good property to STR. It is a multi unit development that has operated as Guest Homes for over 30 years. The property is owned free and clear by the current owners and they just want to ge...