I will be moving soon to a new home, and plan to rent my current home - wasn't intentional but possible structural concerns w/ a basement wall killed a sale, so renting has become a good "second choice" for us. Luckil...
Good Evening Ladies and Gents!While I need to provide some context, I will attempt to keep brevity in mind, as I know time is our number one commodity here :) I just began my investing endeavor earlier this year - I w...
I am having problems qualifying for mortgages and HELOCS. Everyone says my DTI is too high. I currently carry about 11k in mortgages and they are all covered with rents plus cash flow of about15%(this includes my prim...
I am looking to speak with a tax professional regarding potential tax implications of selling our former primary residence that is currently being used as a long term rental. Trying to understand if we should sell now...
Hey BP brain power!I need a little help making a decision.My renter is moving out, so do I sell, or get another tenant?The property is a condo in California.Current value = $560K (equity = $435K)Rent = $2300/mo | HOA ...
Hello everyone! My name is Jason Mancini and I’m thankful for this website!I’ve wanted to own rental property since back in high school but my real-estate investing experience is very limited. My interest was sparked...
I've been researching using Lines of Credit to pay down a mortgage (this one is for my primary home). I'm interested to get feedback. Please shoot holes in my plan and let me know if you have better ideas. Hypothetica...
Just starting out here in northern NJ. I have one buy and hold property and now I'm looking to flip the next purchase. I received an approval for $75,000 HELOC at 5.6% for the first year. Now to find a house to flip!...
Hi everyone! Super newbie here. Hoping to get some valuable insight on my current situation. I’m inheriting my father’s home in SF, he recently became ill and I’m hoping this plan will help pay for his medical costs. ...
Whats up guys! I have a situation that I need expert opinions on since I started out and dont have a mentor in the field! Im looking to buy another rental property in a prime student rental location for $250k. Down pa...