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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, ...
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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 ...
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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...
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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 ...
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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 ...
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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...
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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...
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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...
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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.
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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...