I'm interested in rolling over my 401k into a solo 401 K in order to take out money for a down payment on investment property. is this a good idea or a bad idea? I'm wondering if it is a better idea than pulling my...
Can anyone recommend a local bank in Richmond? My bank is out of state with no local branches and I'd like to have one locally that I can easily make deposits into and to collect rent.
I applied for a HELOC with TD Bank, and after nearly a week of calling & checking on my application (they initially claimed it would take only two days), they finally said my application was denied. "Based on what...
Hello all! Basically I purchased a SFH for $250,000 here in Staten Island, NY. I put $50,000 down and have been making all payments for the past year. I live in this property, and I used a VA loan for it.
I was think...
I am looking for my first investment of a duplex which I'll be house hacking but taking the BRRRR route. I've been doing some research and found I may very well be eligible for "down payment assistance". If I'm unders...
We're considering investing in a 3 story historic building in Texas, in an up and coming downtown. Currently the building is gutted but has great bones. We have an architect who's helped us draw up plans for convert...
In the past I would only buy rentals that had great cash flow. In my area it's relatively easy to get single family homes close to the 2% rule and apartments at the 1% rule( C class properties). I have many homes and...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $900,000
Cash invested: $135,000
The cash flow and equity from my other two house-hacks allowed me to buy this 5bed...
Hi all, I'm in need of some advice, here's my situation as precise as I can make it:I purchased 2 duplexes and am close to finishing renovations on the first one. We've done some pretty extensive work: full interior r...
Hello All! I am interested in acquiring pre foreclosures to buy and hold as rental properties. I am not a licensed RE agent or attorney, just an investor looking to increase my portfolio holdings. My original plan was...