Zach Click
Chicago multi family owner occupied loan options
Hi All!As a first time home buyer, my wife and I are looking to househack our first property with either a duplex or triplex type building in the Chicagoland area. Given the cost of property here and the FHA loan limi...
James Williams
HELP!!! Deal financing issue!
I am looking for funding but I don't have much to bring to close. Property is $82K purchase price, ARV is $198K and reno is $35K. The numbers are great. My credit is not strong at all and I only have about $8K cash...
Dessiree Jimenez
Will a bank approve HELOC to purchase investment property?!
Hello everyone. I'm very new at REI. In fact, I have not purchased my first investment property because I dont have the funds. I do have about $150k equity in my primary home. I applied for a HELOC through a major b...
Christopher Ward
Using HELOC as a down payment
Hello everyone, I'm considering using a heloc for a downpayment on my first property, however every time I run the numbers through the rental property calculator, the monthly cash flow in usually under $100. I unders...
Christie Chanterelle
Funding to purchase first investment property.....
Hello all! So recently i have decided to start my investment property business. I wanted to start with the fix/flip and in the future start with renting too. The problem is i am having trouble finding funding via bank...
Matthew Rutledge
Talk me out of this one
I've let myself get a bit emotionally involved in this one. Please talk me off the ledge!
I've run this through the calculator, and it says it's a negative cash flow deal financed under 15 years, pretty much...
Andrew Northcutt
First Time Investor - Charlotte NC Market Research
Hi everyone,
I am in the process of digging into the Charlotte, NC region for a buy and hold investment property, and I'm looking for someone to help point me in the right direction.
For some context, I will likel...
Christopher Copley
New Member from NYC (Manhattan)
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...
Todd Fuller
Getting started short-term rental investment
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...
Adam R Gebner
2nd Fayetteville, NC BRRRR in the books!
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...