Can you BRRRR with an FHA or FHA 203K loan?Curious if the cash-out refinance is possible.
Backstory: We purchased our primary residence 3 years ago and now have about 100k in equity thanks to the current real estate market. And with the low interest rates, we are going to refinance our house. We currently ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $88,000
Cash invested: $10,000
Rent to Own Contract .
Purchase price : 88K.
Down Payment : 200.00/Month Installmen...
We're excited, we just closed on a foreclosed cottage in a resort area in northern Michigan. The property needs some work, but right now cash is tight. However I'm a very handy guy. Here's my question/concern/probl...
Has anyone ever used any seller lead sites? Or the wholesaling sites that supposedly give you access to deals 2 weeks prior if you are a premium member versus a basic member on the site?
I purchased a duplex in Los Angeles and did a major renovation about 5 years ago. I'm thrilled the property has now almost doubled in price with great rental income coming in. Even though I have tons of equity in the ...
I have 1 rental, purchased in 2015 for $125k that my wife and I lived in for a year while we rehabbed it. Since then we purchased another primary residence, and we've been renting the original one for $1500/mo for the...
I have another accounting question for you all! If I buy a new rental property and use money from my checking account for the down payment, how should I classify that transaction in Quickbooks? Should that cash expe...
So I pose this question mostly because it’s the foundation of my long term plans but also because it’s not something I see discussed often. So here it is, is it better to use a large down payment and a short term like...
Hi everyone, I currently own my 2 bed 2 bath condo (mortgage free). I would like my next purchase to be a 4 unit apartment building, but I don't have the down payment money for one. Would this be a situation where cre...