Gary Dezoysa
My out of state investing plan
Hi,Any thoughts on my investing plan are appreciated:--Invest out of area in a low COL area. Try to meet the 2% rent rule (or better). I'm thinking Cleveland at the moment. Target 3 bed 2 baths in working class neighb...
Joshua Durrin
Property a Little Out of My League
I recently launched a marketing campaign and received a call back on a four unit property valued at about $1M. It's a bit out of my league for myself but there is definite potential. Being new, I'm not sure what I sho...
Nick Bandiera
Can first time investor/buyer get DSCR loan
Hello,I am looking at purchasing my first rental property in the Cleveland area. I currently live in San Diego and can’t go conventional route until I get a W2.Can I get a DSCR loan if I have never owned a home in the...
Samantha Klein
Less buildings and more units?
I'm torn on what I want to pursue next, I own 2 duplexes right now and have been wanting to add 4 plexes to my portfolio however those are hard to find in my area but duplexes are not. My thoughts are that having less...
Mitchell Catoe
Does anyone have experience with D.S.C.R. Loans
Rookie here……but D.S.C.R loans seem to be a great way to acquire property. I’d like to talk with anyone who has dealt with these kinds of loans before. Pros/Cons, contacts even maybe, for instance how do you even acq...
Jason Risley
Looking for a HELOC! Need common-sense underwriting!
My primary residence is worth between $775K and $800K. I'm a realtor so that value should be very close to accurate. I have a first loan at $384K and I'm looking to get a HELOC (home equity line of credit) for between...
Account Closed
Help creating a note for a friend loosing property to taxes
Hey guys,I have a friend of a friend who is desperate because he's about to lose his property because of unpaid taxes (2yrs of unpaid taxes, Texas). I would like to help him and maybe invest my cash in creating a note...
James Otto
Self Directed IRAs used for purchasing properties?
If I roll over a 401k from an old job into a self directed IRA,
Can I take 20K from the IRA and use it as a down payment on a property?
The property will cash flow about 200 per month. Is this cash mine to do as I ...
Meghan McCallum
Is investing in Chicago brilliant or ridiculous...go!
Everyone thinks they know the best places to invest, Ca, the south east, Cincinnati, your back yard...But, there is NO city that I hear more contention on than the city of Chicago. The third coast has ample opportunit...
Steve Tse
Tenant Rent Increase
Hi BP of Boston,
When you consider rent increase, what factors do you base your decision on ? Do you increase the rent by strictly calculating the increases in your insurance, taxes and etc ? or do you try to not go ...