Wesley Elliott
HELOC/ReFi or new loan for investment property?
My home is paid off and worth about $500k.I'd like to buy an investment property for about $300k.Is it better ReFi or get a HELOC and use the money to buy an investment property with the cash? Or is it better to get a...
Ivan May
Secondary/Vacation Home as STR
My wife and I are looking into purchasing a secondary home or vacation residence in the South Florida market. We live in Austin, TX currently and are looking to make another real estate investment.My question is if an...
Steven Sumichrast
Single family rental home for 4 years -- sell or hold?
Been lurking here for quite awhile, but now at a cross roads with our old home we've been renting for 4 years now. We purchased our 3 bedroom 1 bath home with a 2 car detached garage sitting on 0.28ac in Northwest In...
Brent Raber
The best time is now! 11 units by age 21
It can be done! Who says age or money will stop you. I started with $1,500. Funded my first deal for a duplex I purchased 3 months after I graduated high school with a private investor for 4 years at 3% interest. 100%...
Armand P.
HELOC
Hi-I want to get some thoughts on the pro/cons of a HELOC. I have a general understanding of how it works, but would it be a good idea to use a portion of it towards a down-payment or pay the house the house + rehab i...
Chris Schmitt
Deal Analysis, First Condo LTR
Looking for some advice if this is worth it or not. Looking at possibly purchasing a LTR condo in Florida. Something turnkey in an “A” neighborhood as a passive way of diversifying assets. Not looking to expand to ...
Malik Roley
Should I devote my money towards future down payment or reduce DTI ratio?
I am currently in the learning and research phase of REI and I was wondering which option would be more prudent. I plan on buying either a multifamily or a SFH (to live then rent) later on this year and I hope to u...
Erica Lee
Starting my Airbnb Arbitrage Business
Hi, my name is Erica Lee and I am a 22 year who is eager to start her own corporate leasing arbitrage business! I recently graduated from California State University, Fullerton with a Bachelors degree in Business Admi...
Jeremiah Fender
Cash Out or Add On and ADU and rent?
Interesting situation that I am analyzing and could use some ad(vice), questions, discussions to help me flush out the nuances of the two options. My wife and I purchased a house 4 bed/ 1 bath (built in 1937 @ 1500...
Jerry Rodgers
Adult Care Living Facility Operating Costs?
I am currently rehabbing a 4400 square foot home/building that I will be selling as an ACLF. It is currently zoned to have six ACLF beds but am pretty sure I can get approval for 14 beds. During this rehab, I hav...