Hi everyone,So I'm considering purchasing a 2-family property which has an empty basement in the NYC area with FHA 3.5% loan. Both apartments are fully occupied and I was going to take the basement so I can keep the r...

I was wondering if I could start an LLC with my self directed IRA. I was considering purchasing property with the LLC and loaning money to purchase property in the LLC. Does anyone know if this can be done? If so d...

Hi everyone,Why is the loan pay down not calculated into coc roi? Meaning, if I have tenants (short term or long term) where the cash flow covers my mortgage payment?I will use basic example to help clarify.Down payme...

I am currently looking to invest in properties in the Tampa Bay area (Florida). My primary strategy is to BRRRR these homes and pull back out as much capital as possible from the deal. I plan to purchase cash, rehab a...

I am looking for any insight into commercial and multifamily build costs outside of Minneapolis, MN. I have two separate commercially zoned lots that I would like to develop (one retail or other commercial, one multif...

I'd like to know what my BP folks would do in this scenario. I owe $25,000 on 1 of my properties. I'm paying $220 a month on the loan (and an additional $90 in escrow for taxes so total payments are about $310). 13 y...

Hello!I'm looking to buy a 3-4 unit property in Philly, but having difficulty getting traditional financing due to me starting my own business last year. All lenders are saying I need 2 years of consistent income. I k...

So here is my situation. I'm buying my first house, I have great credit, I have 5% down, and I'll be owner occupying a tri-plex in new Jersey. So I was under the impression that FHA was my only option. But does anyone...

Hi everyone! Which loans do you find are used the most commonly in the deals that you do. Would love to hear anything you have to say! 

Numbers
House appraised for $350k
Owe $150k
HELOC based off of credit (740), appraisal of house (350K), No credit card debt only a car payment ($350 a month) and house payment ($1600 a month)
$33k
I changed indus...