Rusty Lee Monchil
Loan question for purchasing rental property
Looking to purchase first rental property. Have LLC set up, bank wants 20%, since not using equity from personal home, but they want to loan in my personal name, not my LLC.
Question : Don't I want the loan to my LL...
Imtiaz Koujalgi
Overland Park Rental
Hi,
I am new to the Overland Park market, but it looked interesting since the price points looked competitive vs. other markets in the country. I am interested in buying properties and then renting them out, prefera...
Brandon Miquelon
Submetering in Denver
I just purchased my 1st home in Denver and am mid-renovation (it's been a brutal one). I will have 3 units and I will be living in 1 of them. As I prepare for tenants, I'm starting to think about utilities. Can anyone...
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Rehabbing Questions
Hello everyone,
I want to get started in real estate investing by rehabbing homes.
I have 6k to invest and my FICO is at 600 and getting better with time. I have a partner with excellent credit (740 FICO) who is wil...
Garrick Solberg
Financing for <$50k homes?
It seems like most of the properties that would be profitable as rentals fall in price range below $50,000. I have tried to find a lender that will loan out less than $50k, but with no luck. Does anyone know how to ...
Sam Gergley
Columbus Ohio Downtown Flip Success!
Hello, I am a relatively new investor and new to bigger pockets!I just wanted to introduce myself to the community and share a quick flip success story.My main goal is to develop a buy/hold/rent strategy. This flip ha...
Mike D.
Dumpster rates
Can anyone in Central NJ get a better rate than $400 for a 15 yard dumpster?
Jordan Hamm
Help with Newbie Rental Calculations
Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...
Artur Zielinski
How to check HOA debt before auction?
Hello.
I want to purchase real estate at a foreclosure auction in the future. Initially, I would like to buy an apartment. Currently, I am in the process of studying all the documentation and trying to find out how ...
Selina Giarla
Cash on Cash Calculation v. ROI is **CONFUSING!!**
I have spent hours looking online (including on here) at the CoC calculation as well as the ROI calc. Here is my understanding1. Cash on Cash Return= Annual (before tax) Cash Flow / Total InvestmentQuestion: Does the...