Michael John
Sell or refi? 50% of net worth ($500K) locked up in one property.
Sell or cashout refi? This property cashflows about $1800/month after all expenses including P&I. But $21,600 is a 4.32% return on all that equity ($500K+). Plus half of my net worth is in that one property. I’m e...
Demetrius Lindsey
First investment property Philly Duplex.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Phila.
Purchase price: $119,000
Cash invested: $10,000
This was my first property right out of college. Bought this 90 day...
Andrew Z.
Starting from the beginning
Hello All, I am new to real estate investment and looking for a good place to jump off from. I am interested in buying and holding as a rental and generating passive cash flow. I live in California and I am looking at...
Heather Klompmaker
understanding capital gains on primary residence sale
Hi All,We are considering selling our primary residence which we have remodeled and now have some equity in. We plan to sell for 200,000 and purchased for 145,000. Our mortgage balance is now 128,000. I have been read...
Jason Moran
Flip analysis in Modesto area
Ok here's the math. 1555sf SFH 3/2 with detached alley access garage in the Central Valley. Sellers just want to walk away and taking $275K with a current market analysis that I trust of 359K. I've budgeted 20K in rep...
Nate Lewis
First Deal in Atlanta, GA
Hi BP!I am looking at my first RE deal and am hoping to get some feedback from the community on the viability of the investment.The property is a 1960s Brick/Siding Duplex with 6 Bdr and 2 Baths. Asking 130k.Taxes ~$2...
Benjimen Elliott Johnston
Best financial options long term?
I'm partnering with my contractor on a multi-family apartment complex. Based on all my numbers the property breaks even with phase 1 (6 apartments)and phase 2 (8 additional apartments) improvements. We want to buy the...
Marcus Jefferson
Wholesaling and Writing the Offer
I am fairly new to wholesaling and have been in and out of contract on a couple of Land deals.My question is when writing offer to the seller. What are the usual terms on a wholesale deal?When should you pay the Earn...
Darrick Ervin
Hard Money Lending For Down Payment
I have a relatively odd request. I am seeking Hard money lenders who offer hard money for the down payment on a SECOND home? Basically, 10%-20% down payment hard money loans for second homes and the remaining 80%-90% ...
Conor Murphy
$200,000 Down Payment Low Income
I am looking to buy an investment property in Los Angeles.I can afford $200,000 as a down payment. My income is around $30,000 a year but fluctuates. I was just pre-approved for an $800,000 loan, because I have a goo...