Hi,I currently own 3 properties. 2 are full paid off and are being rented. Total net worth about $800k. Rent per month: $3150 1 owner occupied property with a lien of about $188K.How can i use my properties to secure ...
Hi All,I am living in South Jersey Area and planning to buy a foreclosure property for myself and hold it for next 2-3 years, fix the property during this period slowly and eventually sell after 2-3 years. And use the...
Recently inherited a 3 bedroom 2 bath house after the passing of my dad. Own the house free abs clear. It's currently rented and generating positive cash flow. But now I'm considering purchasing 1 or 2 town homes i...
I am looking to buy a Duplex or Triplex using an FHA loan. My concern at the moment is that I am using the rental property calculator and can't seem to find anything with a cash on cash return in the positives is that...
Hey everyone, been looking into REI for quite a while and am getting more serious. Purchased PR in 2020 with interest rate of 2.75%, 15yr. Owe $160k w/ $90k equity. Gross Income: $10.5k monthly$18k in loansCurrent mor...
I'm looking for advice on how to proceed with a partner buyout. My business partner needs to get out of our partnership of a single family home in order to put a down payment on a house for his family and I'm not sure...
Hi all,Purchased my first duplex just over 10 months ago. Put some work into it with it rented the whole time and thinking about doing a cash-out refinance for my next investment property. In contract on a property ...
Trying to decide on using reserves to pay off rental mortgage or keep. I am retired, 72 and own 4 college rental houses. Zero vacancy as housing shortage is acute and typically let students pick their successors. I st...
Have a rental that is currently at a rate of 7.6% 30yr fixed with PITI/mth of $975. Right now it is break even cash flow. Rents in that area range from $950 to $1150. I am attempting to refi under HARP which allows 1...
Is it a bad idea to invest in properties where you would be able to collect rent that is equal or a little less than your mortgage payment? Or does anyone have a rule of thumb on how much profit they typically expect ...