Benjamin Cowles
How do you determine when you'll be able to refinance?
If you get something with owner finance or lease option how do you know when you'll be able to refinance? Is it usually a matter of your overall debt to income ratio and it's length of history? Or is it just the incom...
Troy F.
Seeking debt reduction advice
Hello,I'm looking for a little advice on which debt I should reduce. I have $30,000 I've decided I want to put down on the principal of one of two rental properties I currently have mortgaged. I'm curious to hear whic...
Brian Mackey
Large House Hack Purchase
Hello,Looking to purchase my second house hack, but I’m a bit nervous about the large purchase.The property is a fully renovated 3/2 that has two fully renovated studio apartments with garages for each directly below...
John Bachmann
Obtaining a fixed loan on minimum wage? Can it be done?
I'm 23 years old and currently living with my parents working odd jobs, have an associates degree (in liberal studies.. yay), 0 debt and perfect credit. I've always wanted to get involved in real estate and would like...
Rigoberto Medina
Budget to dig myself out of debt now up and running
Let me start with a little background on why I am posting this as it strikes me as a bit of a random post to just throw out there. The weekend of the 9th through the 11th I had to drive from Corpus Christi, Tx. to Cla...
Oscar Maciel
Credit card debt vs available cash
So I’m in a bit of a dilemma, I have about 25k in credit card debt, more than half of which was used for rich dad poor dad elite education. I recently sold a home and have an extra 20k in the bank should I pay the cre...
Robert Schulmeisters
Cap Rate calculation
When calculating Cap RAte what is included in the NOI?
Do you include Debt Service and CAp EX?
Patrick Bisson
Currently working a commercial deal - Advice on deal structure?
Hello BP! We are currently looking at a commercial property that has MOTEL/MHP/RV+BOAT Storage and more.The seller is asking for $4.5M (List price) at a 10% cap rate, with opportunity to grow revenues with some updat...
Ryan Crowley
Pay off mortgage and snowball?
Hey everyone, I accomplished my goal of getting my first rental property under contract by the end of 2017 and I close on this property soon. I have been calculating the best way to grow my portfolio, but I am curious...
Account Closed
Multi-family 20% down
What is the best way to raise capital for 20% on multi-family investments? I spoke to a guy awhile back that would get these loans to where he was barely putting money down in residential and commercial properties, t...