Vincent Plant
Best thing to do with cash flow?
I just picked up my first rental income property. I am in the process of having it rented out and have a tenant scheduled to move in within the next few weeks. If everything goes the way it should (the tenant pays the...
Cortez Williams
Wholesaling in Minnesota
Hi I’m looking for a purchase and sales agreement for wholesaling in Minnesota and what part of the contracts allows me to back out if I don’t find a buyer.
N/A N/A
Sell, refinance, or equity loan
Our rental property has $72, 000 loan at 6.75% and a home equity loan of $44, 000 at 10%. We want to pull out some equity to re-invest. We have a prepayment of about $3500 penelty if we refinance. This duplex has cash...
Account Closed
need help with rental property
Hello everyone. Thank you for taking the time to read my post.I am currently planning to purchase a rental property and I would like some suggestions on location based on my goals and the amount of money that I can us...
William Ellis
Reno Already Done On Possible Buy & Hold Purchase
Ok so what if you find a property that was just renovated with new HVAC, floors, roof, gutters, kitchen, bathroom, etc.. to be like brand new? When I run the 50% rule with counting 10% for things like CapEx, repairs ...
Michael Rutkowski
What do you do with this property?
I've got this property on my mind which has been keeping me up at nights. I want it so bad, but there is really nothing which can be done with it. Let me explain.The BAD: This is an 8 unit mobile home park, of which h...
Account Closed
Developing $$$ land inside city.
So here is the scoop: there is a little piece of property that I know of. About 20 years ago, it was just a little lonely farm house sitting on 9.9 acres about 15 minutes outside town. Since then, the town has grown, ...
Benjamin Swicegood
Renting my house out to buy another house.
Hi BP question... If I am currently renting out half of my downstairs in my home and thinking about renting the rest of house approx 1400 sq. feet would I be able to use that money to help finance another house. In ot...
Chad Linn
Commercial note refinancing
What are the options/possibilities of refinancing a $900k loan on a 20 unit after first year of ownership and operation? My goal would be to lock in a lower 25 or 30 year rate. The property is about $1k per month po...
Michelle St. Claire
Fourplex Buy and Hold in Albuquerque, NM (first property)
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $205,000
Cash invested: $39,000
4-Plex in C neighborhood.
Purchased November 2018.
All 2 bd/ 2 ba units.
Reh...