Jeni Lu
Pay with all cash, or use as down payments?
I will soon have access to a lump sum of money ($40K) from refinancing a rental home that I own free and clear (I paid all cash, fixed it up, rented it out). Should I use that money to buy another rental home using...
Ericka Mizuta
Writing own note on a investment property
Does anyone have experience with writing my own note on equity that is in an investment property? I have a few rentals that all have equity (as well as my primary residence). I would like to use this equity to re-in...
Nikolay Voronovich
Looking for co-signer.
Hello fellow investors.
I want to ask your advice.
I find home where I want to live. And I know I can pay for this. But can not qualify for credit. What I can offer to potential co signer to make it i...
Billy Bob
What are potential issues with private money lenders?
I'm considering using a PML and putting up a rental property I own out-right to buy another investment property for cash. It would be a 50% LTV. The lender would be the mortgage holder on the Deed on the propert...
Craig Price
Define Cashout Refinance
Can someone define what Cashout refinance is and give an example? I'm sorry if this is basic knowledge but I'm new to all of this and want to make sure I understand this strategy.
William Strehse
First Deal under contract - looking for advice on Hard Money loan
I have my first deal under contract. SFH purchased for $25K in Clifton Heights, PA. I am estimating the Rehab cost at just over $50K. We are using our own funds for the purchase price and closing cost and have fund...
Brad Fausett
Working on my first deal, Need your suggestion,Cash buy Finance?
Hi Guys,I am new to the forums and am currently working on my first deal. Here is the scoop, we found a home that we thought was currently owned. Come to find out it is sitting empty and has been for awhile after a ...
Victor Kapustin
Question about determining what my Duplex could sell for...
I have a Duplex with both units being rented on 1 yr leases. I bought it for $235,000 two years ago and have made some value-add improvements (like raising rents, adding washer/dryer,etc). This year the Duplex will ...
Ronny Crawford
First time Hard Money Loan
Advice Needed!I am meeting with a REI that is looking for a $20,000 hard money loan. I have never been a lender before and need some advice. Here are the details:$20,000 loan with me being placed in second position?...
Will Murphey
cash on cash return (Should I cash out with a mortgage?)
Hi all.
Please review my analysis of increasing my return on my ‘paid off’ rental property.
Today I read a book that described cash on cash return vs ROI. and I’m thinking about obtaining a mortgage to get a better ...