Bill Sargeson
Consolidating rental loans advice
I currently have 7 properties with individual commercial loans on them totaling $192k. They are all 1-2 years into the loans.
5.5% variable
10 year amortization
5 year balloons.
I have b...
Jayden Hamilton
When a tenant moves out, what all should I clean or fix
When a tenant moves out of your rental house, what all needs to be done before re-renting your home? Do I need to fix anything or clean anything in particular before listing my home for rent again...
Stanley She
Why the deferred gain is so much less than the recognized gain
I bought a rental property 7 years ago for $198000. Last year, I sold it for $400000. For the sake of simple discussion, let me ignore all purchasing and selling costs. So, my gain is 202000. Within one month of the s...
Calvin Chan
First single family home
Investment Info:
Single-family residence buy & hold investment in San Luis Obispo.
Purchase price: $596,000
Cash invested: $150,000
originally purchased to be my first home, started remodel (self...
Henry Clark
Mentor 9- Financing
Read post 1. This is a broad discussion. There are many ways to finance by situation.A. Sources- personal, collateralized assets, Credit Unions, Conventional Banks, Hard Money Lenders, Relatives, SBA, Farm Credit ...
Harry Campbell
How Can I Take Advantage of Depreciation?
So I rented out my condo last July and I'm starting to look over my tax documents in preparation for filing. I've done a lot of research over the past couple days but to my understanding since I make less than 100...
Brittany Wasmus
Advice on purchase single family rental
Hello, I’m a newer investor and currently in contract on a single family home investment property. It was FSBO $189k, seller agreed to $183k. 20% down 30 year mortgage at 3.5%. ~$40k cash to close. Rent will be $1400 ...
Michael Spangler
Evaluating a Rental Property
Can I get other eyes on the numbers for this deal? It looks like its very good, however I am new and probably missing something.Description/location:2 quadplexes in a college town, <3 miles to a centralized campus ...
David L.
Given equal numbers, would HELOC vs Cash Out Refi be the same?
So, here's what I mean:For simplicity sake, lets say both a HELOC and Cash-Out Refi have the same rate and I'm ignoring any closing costs. If I paid the same amount of money in the same amount of time, would either o...
Brent Wiebe
My latest deal, 2 story duplex
I’m brand new at using any type of forum, but felt maybe I’m ready to jump in.My wife and I started investing in duplexes in 2012. Our first deal was a dilapidated old up and down duplex that was a foreclosure. I obt...