We're looking at a SFR around $140,000 and the rate our broker is quoting is 5.5% plus $7500 closing costs. This seems pretty high, but this is our first SFR in the Dallas, TX area. We've also looked a private money, ...
I started off my LLC and currently own 1 apartment. I paid full cash for it. I would like to purchase a second one and would like to use financing instead of cash.
Can I take a home equity loan using the equity in ...
Hey all, I just stumbled upon this "gem" on zillow and figured I would share. Looks like the tenants absolutely trashed the place. Goes to show you having a good screening process and collecting a solid security depo...
Let’s just say that there was a theoretical rental property owner that had 7-8 SFR and Multi-family properties that were all owned free and clear and these properties all appraised at close to $1.5 M. If this was the ...
Hello BP Community,General question regarding using some of the cash flow from REI to fund monthly expenses. As an example, if I have 10 properties each bringing in $1000/month net for a total of $10k net monthly REI ...
Hi,We live in Atlanta. But we have a SFR rental property in St. Petersburg, FL that we would like to sell. The property is currently occupied by a great tenant. We bought this property more than 10 years ago when my h...
So I have been tossing the idea of building a reasonably sized additional dwelling unit (ADU) next to our primary residence for a little while now. The reason for doing so would be multi faceted; largely to house add...
What would my fellow BPers use to get started off on their first BRRRR. Using a primary residence, would you cash out refi or use a home equity line of credit and why? What would the personal pros and cons be for both...
For an offer made by an LLC, will the banks accept a POF of your personal funds, or does the money actually need to be in the LLC's bank account at the time the POF is given? Thanks.
I’m looking to buy and house hack my first small multi family property in the beginning of 2021. I have a fund of $10k+ and I am trying to decide if I should pay off my student loans completely or invest this money in...