My partner and I are getting started with real estate investing and are trying to get a sense of our options. Should we:
1. Try to find creative ways to get started with $15k? If so, what are our options?
2. Wait a ...
let's say I have rental property income of $15k per year, expenses of $4k and depreciation of $5000I am in a 40% tax bracket When I write off my expenses And depreciation on my taxes, am I writing off a total of $9k (...
I read all these articles and videos where ppl swear up and down you can get financing as a new investor with low down payments or dscr loans etc. but I’m finding they all have road block catches. Not sure how anyone ...
I'm about to sign a contract on a 4 family in upstate NY. The price is $170K and I'm using an FHA 203K with 3.5% down. Here is the math: Rents $37,200.00 Mortgage $11,748.00 Vac...
Hello!I am a first time investor in a particularly interesting market. I am looking to invest some savings we have from W2 income savings. While we dont depend on the cash flow, taking a negative cash flow property se...
The obvious answer is zero - it's a suicidal strategy! But, here's the full story:I live in SoCal and currently rent but have a down payment saved and ready to buy. Unfortunately, property prices are currently detache...
Hello BP family, I currently own a fourplex in Lacey, Washington and I am looking for advice on whether to hold or sell. Here's a breakdown that may help paint the picture, thanks in advance! Short term goals: Accumul...
HiI already own an investment property and I had enough down payment saved up for it so getting a loan was not a problem. I'm looking to buy another property out of state in Cleveland, OH area. I want to start small w...
I have 7 rental properties and have accrued cash in the bank. Should I pay off the mortgage in a lump sum and put that extra income into paying off principals of others or just pay more on all of the principals and no...
Purchase price is 165k Rent is 1600All systems except for water heater have been replaced in the last 5 years. Windows, siding and roof also have been replaced. Terms I am getting on a non owner occ loan: 25% down 1...