Joe Xie
Should I pay all cash or take an expensive loan?
I am buying a rental property as Tenancy in Common (TIC) at Bay Area and getting a 250K Fractional TIC loan. The close cost of the loan is close to $6500 including everything which is look high to me and the rate is 4...
DJ Cummins
purchasing a 100% owner financed 12 unit. Trouble pulling trigger
Hello Everyone,I have a contact that I made a couple of years ago, and he has offered to sell me a 12 unit apartment building, with 100% owner financing. No money down. He has several hundred units and he is lookin...
James Derrick
Exit Decision Opinions
Hello, I am in the process of making a change this fall and have a couple of avenues to choose from. I would greatly appreciate some input as I am having a hard time deciding what is the smartest decision!I bought a t...
Camilla S.
Private money from parents
My parents are interested in lending me money for real estate investing. I do buy and hold rentals. I have never borrowed money yet so have no idea what we would write up, interest rate, length of loan, etc. Can so...
Melinda Harris
LLC before buying first Investment
Hey Folks. I am a newbie investor in the DC, MD and VA. Is it a best practice to open up a business as a LLC or whatever other entity before you start buying your 1st investment property to protect yourself financiall...
Chad Roberts
Sell or Rent
Hi All - I bought a primary home in 2018 @ 2.75% for 650k and have ~450k remaining on the mortgage. I have my property listed for rent for $8500 and will likely rent between 7k-8K (similar homes rent for this amount)...
Derek Cirino
HELOC on primary residence to invest?
So I am getting closer to jump in with my first investment. I have cash ready to go but I also have the option to pull out a significant amount of equity from my primary residence by using a HELOC. My question, is i...
Rickie Mincy
Bank Account Suggestions
Hi BP!I will be closing on my first rental property next week and Im looking for suggestions on how to manage the bank accounts. Based on my research, Im going to open a checking account for rental income and savings ...
Michael Hyde
Advice for where to invest in New Jersey
Hi everybody - this is my first post. I'm about to start looking for a fix and flip property. I live in Warren County, NJ, and have good familiarity with Hunterdon County as well. Does anyone know where are some go...
David Song
Rent or flip
Just got a house under contract, SFR in San Jose, ca
$365k price, rehab, $30-35k
Rent estimate: $2400/ mo
ReSale price: about 430-460 k and maybe a little higher depending on market
All cash deal
Any suggestions ...