Luis Silva
My first TriPlex - analyzing the numbers
Hi All! I am finally in the process of buying my first triplex in the Kansas City area. Very excited and also very nervous! I am really hope for some advice (the good, the bad, and the ugly), regarding the property an...
William M.
NNN Lease Debt Assumption - Here's the details and questions
Property Details:Purchase Price: $9,500,000 Annual Rent: $498,804 Cap Rate: 5.25% Lease Expiration: 2/28/2038 Lease Type: NNN Year Built: 2013 Options: 10, 5-yearGross Leasable Area: 14,534 SFBuilding Class: BLot Size...
Gary Burnham Jr.
Lender wont let me Cash out Refinance with 6 financed properties
please help me get to the bottom of this. I currently have 6 financed rental properties. 1 is owner occupied. I am trying to do a cash out refi on the 2 most recent purchases to get the cash out I spent to fix them ...
Reid Beckers
High DTI - Student Loan Debt and What to do?
Hi All,Have a question for the forum and looking for some suggestions or insight on our issue. We are eager to start the REI journey and especially looking at using the BRRRR method for our first deal.I have a W2 job,...
Taelonn Harper
Who do you use to Refi out of Hard Money
I've always had the mindset that it didn't really matter who I refinanced by BRRRR properties with because interest rates would be pretty universal. As I get ready to refi my latest purchase. I am curious, do you thi...
Brandon S.
New investor seeking financing guidance for STR
So glad I found this forum, so much information and an active community to help others. Thank you in advance for the advice!Your goals and story: 38 years old and looking to get into the STR market. I currently own my...
Account Closed
401k loan
Hello,If you borrow from your 401K through an employer, is it typically 50% of the account balance that you can borrow or is it 50% of the employee's contributions? In our case there are earnings and employer matchin...
Mark D.
Current Gainesville, Florida Rental Market
Hey everyone!Happy new year! I know there was a past post a few years ago on this topic, but I wanted to start an updated tread to get more information on the current market in Gainesville, FL. I understand a lot of p...
Franklin Marte
Down payment assistance programs
Is it a good idea to use a down payment assistance program? I want to get a house and I don’t have quite enough for a down payment I’m trying to think of ways to come up with a down payment I’m planning to use an FHA ...
Roger Mbah
Refi or not?
Hello, I'm new to the platform and have a newbie question. So I've been in my primary home for 2.5years. When I bought it, interest rates were really good so I ended with an interest rate of 2.83%. I also did some reh...