Jesse Chambers
Do you refinance or do a HELOC on your rentals?
I have a rental I’ve owned since 2011, it’s appreciated significantly and I currently never plan to sell it, but I’d like to capitalize on the equity in the home without selling it, so I could possibly possible use th...
Gary Fare
Entity Formation and Flow of Rent Payments
Thanks in advance to anyone who reads this. I have read several book regarding this and somewhat understand the overall jist but was curious what everyone else is doing. I currently have 3 properties in one LLC (cal...
Simon C.
Buying second property
Hi all, My question is how/ what kind of loan could I qualify for as a newly licensed realtor with no W2 or full time income?I have built up some equity with my current conventional mortgage on an owner occupied tripl...
Anthony Portugal
Breakdown this loan offer
hello,Very new to real estate investing and want to make an offer with bank loan financing. This would be my first time applying for a loan and not sure how to properly evaluate all the mumbo-jumbo words and fees. Ple...
Rich Rifkin
Don't blame banks, brokers or lenders
I know it sucks but there's really nobody to pin it on. Unfortunately, current market conditions are the result of false stimulation of the economy through lowering rates. Why is lowering rates so important? Becaus...
Geronimo T.
Investor loan down payment
I'm calling different banks asking what downpayment for investor loan is. Lowest I got is 15% for single door. If I get duplex, triplex or fourplex, then it's 25%. I'm in Texas. Is this standard? Is 15% good? Has anyo...
Jordan Moorhead
CA Rent Control Statewide
CA just passed a Statewide Rent Control ordinance as part of their renter protection plan, Minneapolis is working on similar regulations. How will this affect how you invest in California? I’m curious as Minneapolis p...
Brian Puebla
First Property (Duplex!) - Private Money or Dig into Savings?
Hey guys, I’ve been doing tons of research the last few months and eager to get into this real estate hustle/life style. Now I’ve finally found a property I believe to be THE ONE, my potential first investment. Duplex...
Kenneth LaVoie
Age of buildings / long range plans
Good day. With a year under my belt, I hope I can still post in the "just starting out" forum! Some days I feel like I've been doing it all my life, others feel like I'm all thumbs!
My question is about "long range"...
Dan Costantino
Tax implications on owner financing
I have a seller that wants to sell me a house for $240k. He paid $90k. There is a $200k HELOC on it which they used to build their $600k house which is free and clear...technically. I am trying to convince them t...