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I currently own 2 rental properties. I am currently 36 and have a goal of cash flowing 8k/m by age 40 thru acquisition of more rental properties. I am thinking of refinancing property #1 to a 30 year loan and increase...
My spouse and I are in the market for a new primary residence. The area we live in is a HOT market with low, to no, inventory. We have the inside scoop on a property not yet listed on the MLS, but soon to be. The curr...
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The property that I currently have for rent was my first home that I
purchased with a USDA Rural development loan. I have a positive cash
flow of $400 per month for renting it out. The home is worth about
$190,0...
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I have a property I’m looking to flip and I’m getting my financing in place. I’ll have seller financing for $1.2M and looks like hard money for the remaining $1M. How does that get structured? Would they each have the...
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I currently own my home ($200K value) and looking to purchase a 2nd home with its equity. I am looking to pull $160k out and to purchase my 2nd home for cash. My question is will i be able to repeat the process with...
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Hello,First time investor. I have a house I want to BRRRR. It belongs to a family member in a city about 50 miles away from where I live. I plan to leverage some investments and cash to fund down payment and a minor r...
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Am currently in talks with a property owner who motivated to sell a 2 bed SFH and a duplex. I don't have the money for the down payment and also a newbie in REI. I asked her if she is willing to do owner finance or le...
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Hello,
I'm looking to purchase my next rental property and have run into a snag with financing. My Debt To Income ratio is currently around 50%, which prevents me from taking out a conventional loan. I have the cas...
When you are buying a rental property, what is your strategy? For example, do you try to clear $500 over the mortgage? Or do you base your ROI as a percentage? What is YOUR method when buying a rental property?
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Are there any Hardmoney lender‘s that will lend an owner occupied property?