Kyle Mitchell
Construction to permanent loan on an investment property strategy
I just purchased a lot in a popular vacation area. I intend to build a home that will be rented out to offset the costs of ownership.I can find construction to permanent loans on second homes easily. I can find financ...
Bora O.
Advice & Recommendation on RE Lender for Personal & Investment
Good morning everyone.I'm looking for Advice and Recommendations on seeking a lender.I'm new to REI and my goal is to invest in two SFH rentals then add an detached garage to my home with a loft on top that will becom...
Account Closed
BRRRR Buying With Cash
Hi, In David Greene's book on the BRRRR method he said to buy an investment property with cash. I haven't read the whole book yet but, should I buy with cash or go with a loan when I first start out and why?
Benjamin Biddlecom
Need some help with renting house and finance stuff
So I have a situation that I need some advice on. I own a small two bedroom ranch house with 2 car garage, large basement and 1 ½ bath. We owe $80,000 and its valued at $100,000. Its on a dead end road on the outsk...
Ray Minjarez
Conventional loan recommendations in the San Antonio area.
Im looking to get pre approved with a lender in the San Antonio area. Any recommendations? I figure this is a good first step as a newbie. I want to know if I qualify and if I don’t, why.
Sheronda Nichole Williams
Refinancing a $55K Investment Property in Memphis, TN
I decided to repost this question to see if there are any new leads or recommendations.I'm trying to refinance a $55K in Memphis, TN, and I'm still having trouble finding lenders at this low price point. I'd prefer a ...
Nicole Carey
Advice on attaining second property
I have an idea on how we might be able to acquire another duplex but would love some advice. Since I'm a newbie I'm not sure if this would work. Has anyone done something similar? We bought our first duplex. We are li...
Sonny Smith
Down Payment Advice
I'm looking to purchase a multi-unit rental property in southeast Virginia. I have been pre-approved for a mortgage; however, the lender requires a 25% down payment. While I have this, it would stretch me really thin,...
Jeff V.
Tapping Dead Equity to increase total ROI on a Deal - Crazy ??
So I've been doing some digging and reading on the use of leverage and how to use it properly to exponentially increase your ROI. I've written out a hypothetical deal below in which I use the BRRR method to purchase,...
Britt Abbey
4 Unit Purchase
Purchase Price: $64,000
Current Rents: $1,840 (550, 400, 440 and 450)
Renovations: $28,000
ARV: $110,000
AR Rents: $2,000
Taxes: $3600 (Based upon assessment of $120,800) Will attempt to grieve.
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