Michelle Mapp
How do people make the numbers work in Southern CA?
We recently moved to Southern CA. I wanted to get an FHA loan, put 5% down and purchase a multi-family in Pasadena, CA. I broke out my spreadsheets and WOW - I can't seem to make any scenario actually work, even to b...
Rodney Sums
An interesting "should I rent it or sell it" question
Hello, I'm new to this site and new to investing.I'm currently attempting to rent my home in an effort to decrease spending significantly, raise capital for more real estate investments, and of course allow the curren...
Elle Scott
What's the next move? Needing advice...
Hi Everyone,Would love some advice from those of you who have been in my shoes before. I'm new to this and cramming education quickly. Im a young corporate sales professional with a large income (which we all know mea...
Dennis Soto
Should I continue holding an appreciated property?
I am an amateur when it comes to real estate investing. However, in 2012 I made a homerun deal that if managed properly it can get me to my new realized dream of becoming an actual investor. Here's the deal:I bought a...
Ron Thomas
Splitting proceeds from a sale in a 1031 exchange?
Hello all,So here's a quick run down of the situation I am asking about. Myself and another investor in the suburbs of Detroit are looking at a 140 unit apartment complex being sold by a larger investor who wants to ...
Will Gaston
Is the Security of a Free & Clear Property Real?
All:
I've been investing for 16 years and am trying to thoughtfully consider the best strategies moving forward in somewhat uncertain times. Most of my career I have been in the "re-fi till you die" camp but have b...
Tyler Witkowski
2nd Deal making me nervous
Hello my friends!Im in the middle of signing a contract with a deal and its really making me nervous. Ive run the numbers and its a good cashflowing property. Well I should say its a great ROI property @ 26.7% to be e...
Vee Vu
How soon can I refinance?
Hi everyone. I'm planning to buy rental properties in Baltimore, MD and nearby areas. And I really concern about the refinancing, because my capital is limited. I have a few questions:1) How soon can I refinance after...
Peter Fokas
car - lease vs buy
Trying to assess whether we should buy a car or lease a car. Breakdown of our current situation:1. we have one car (only need one car)2. we drive less than 10,000 miles a year3. we use the car more than 50% for busin...
Christine Lee Middleton
Low Income Housing- Would you Invest?
It is apparent that the motivator in real estate investing is gaining financial freedom. Great ROIs are goal….hot up and coming areas are ideal….BUT….how does creating NICE, low income housing (sfr or multi) fit into ...