Chris S.
Owner Occupied + Investor?
Hi all,Long time lurker and first time poster. I have a finance scenario and am trying to figure out the best way to go about it.My Question: I have a family member that's in need of housing and I'm in search of an in...
Andrew Syrios
Getting Tenant Turnover Right Can Increase Your Income and Lower Costs Dramatically—H
Other than perhaps property taxes, turnover is generally the biggest single operating expense you will endure as a buy-and-hold real estate investor. And unlike property taxes, it’s something you have a lot of control...
Ray Southern
Personal Loan to supplement down payment
Hi all,Tell me if this is a good idea or not:There are multi-family properties I'm interested in buying, but I don't have enough cash to cover the down payment + fees without wiping out.I was thinking of taking out a ...
Michael Baylis
Advice on a Cash out Refinance for investor property
I am currently trying to do a cash our refinance on a home in Nashville TN. The mortgage banker I have been working with has been giving me the run around it seems. I started the process in the beginning of January ...
Tyler D.
Joining Mortgage via Co-Mortgage
This is likely an over-engineering some more simple transaction, but thinking aloud here. My mom has a considerable amount of equity tied up in her house and it makes sense for her to unlock some of that cash now to t...
Frank McSorley
Buying Mother-in-Law's house??
My wife and I are considering buying my Mother-in-Law's 3 family house in MA. She's retired and no longer needs the tax advantage of home ownership. My wife and I make around $120,000 and have been getting killed on t...
Richard Davis
Emotional Gut Check for a Rookie Real Estate Investor
So, I just started listening to the podcasts BiggerPockets and Real Estate Rookies to and from work and any time I am in the car. I read Rich Dad, Poor Dad. Now reading The Multi-Family Millionaire Volume 1. I am abou...
Luke Woods
Property emergency fund question
how do you calculate how money money you should have in an emergency fund for the property to cover vacancies/repairs? I will give you a scenario. Lets say the home you own and rent out is valued at 125k and was bu...
Stephen Polizzi
New member in the Lakes Region of NH
Excited to be here! I am currently a health insurance agent looking to make the transition to real estate investing before the Obamacare ship sinks altogether. I am partnering with my two brothers who are both very ...
Juilo Ortiz
What to do with Grandpas house?
Hello,
My grandpa has a home in which he still owes 130k and is worth about 200k as it stands and alot more with a little rehab. He has asked me to help him refinance the house to my name, as he is no longer able to ...