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I was hoping for some feedback on this idea. I currently rent out a condo I own which cash flows roughly $450 a month. I like the cash flow but don't need it. I bought it in 2013 with a 30 year fixed at 3.66% (owner o...
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Hi all,So I'm on the brink of starting my real estate investing career after studying both residential and commercial for the last year or so and I'm wondering if it would be a realistic goal to have 300 units cashfl...
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All:I'd like your help in structuring a creative solution to buy a 6-plex that is physically in good shape, though financially it's a mess. Here are the details:"Ask" price is $299K, though Seller's Agent has suggest...
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Hi all,a little off-topic but I think it is an important matter.So, the bank asks you to have Life Insurance to protect itself. It can be either your own or you can pay extra for your monthly mortgage payments.I happe...
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Hey guys just some quick questions.
I am looking to buy my first duplex which I will rent out one unit and live in the other. I will be going for an FHA loan 3.5% down.
#1 - What I'm wondering is if I were to borro...
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Hi,
I want to buy a single family home as a longterm investment. I already own a nice home and I have around $300k in short-term CDs ready to invest. I like the idea of earning rental revenue far more than the stoc...
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Goal: Restructure existing debt, keep payment around the same, pull cash out for reinvestment purposes (thereby increasing LTV).How: DSCR loan / portfolio loan. Open to other ideas here, too.Current Situation: I have...
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Tenant left state. I have their address, and they owe me about $2500 after damages and back rent. I'm in Alaska, and will be sending her the security deposit statement tomorrow. If they don't pay I can sue them in ...
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I am considering to buy this NPN. I have been successful in buying and profiting on notes and am looking to get back into since my REO supply dried up and there's no money in flipping properties right now. I offered t...
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Hello BP community!My first RE project will be a fix and flip, just to start gaining capital before getting into buy and hold properties. My question to start is, do you find it best to use hard money to fund the purc...