David Jones
Looking for advice on future investment property financing
Just sold my house that I owned for 3 years. Put $25k improvements in it, and cashed out with $125k thanks to the market leap.
Now planning on buying a 4-plex that lends me cash flow of appx. $800/mnth and a CoC re...
Carrie Nevins
Remove tenant with no current lease
My tenant signed her one year lease in August 2019, set to expire August 2020. In August 2020 I asked if she'd like to continue living in the residence on a month to month tenancy and she agreed. I should note that sh...
Nabeel Qureshi
Moving out, should I turn my primary residence into a rental?
3 BR/2.5 BA condo. The cap rate and cash on cash return I am calculating is negative. Using a vacancy of 8.3%. My loan to value is 73%. I am being very conservative with my numbers (thinking of difficult scenarios)...
Riley Walters
Funding my first deal
Hello fellas, I am finally in the process of searching for my very first deal. The main obstacle that stands in the way is funding the down payment for a house flip. No matter what avenue I look down, a 20% down payme...
Matthew Cabic
Found a Property Trying to Buy
Hey everyone, So, I am trying to buy my first property and have been looking on and off the market. I found a property in my neighborhood that is in rough shape. I was able to find out who the owner is and that they a...
Stefan Shirley
Second Property (Primary Home)
Investment Info:
Single-family residence buy & hold investment in Falls Church.
Purchase price: $630,000
Cash invested: $5,000
This is our primary residence but we also house hack it. The cost of...
Alex Casperson
Conventional Loan Interest Rates on Investment Properties
Hey Everyone,I'm looking for some info on the difference in interest rates between an investment property and a primary residence for a 30-year fixed conventional loan. I am going out to speak to lenders this week but...
Gabriel Isaac Hazout
Hard Money Lending to cover mortgage downpayment?
I was wondering if getting a hard money loan to cover the down payment of a traditional mortgage is a viable option. It would increase the leveraging potential. Would you guys recommend pursuing such a thing, or would...
Marisa JManker
BRRRR House Hacking Buy and Hold
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $15,000
Cash invested: $30,000
Sale price: $185,000
I Bought this home as a Rental In 2014 for $15k WE moved I...
Chad Mayo
203K Loans and Baton Rouge Area
I have purchased and renovated 3 SFR’s over the past year. Two are buy and holds in my LLC and the other is about to be listed for sale. My question is related to my primary residence and the local area.I am potential...