My wife and I (newlyweds) are looking to purchase our first rental property in Victoria County. What is the minimum amount of money that you would ideally like to have in savings after putting down a 12-15% down payme...
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I recently purchased a duplex for $450,000 with 20% down. However I pulled $50,000 out of a 401k loan with a 10.5% interest rate to be part of the $90,000 down payment. The 10.5% interest on the 401k loan is likely hi...
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I recently purchased my first property (turnkey) using a conventional mortgage. After purchasing it, I realized that saving up for the down payment (25%) every year is going to be a really slow way to grow my portfoli...
SFR rental in Santa Rosa, CA is projected to be $916 monthly negative. Rental income is $2400/mo. Operating expenses $1571/mo. Current mortgage payment is $1745/mo. Expenses include $240/mo paid to one partner for PM...
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I'm in south Florida, I've rented condo to a tenant with lease ending 9/30/16Tenant didn't pay rent in Aug. I have 1 month as security deposit + last month rent.Should proceed with eviction steps starting with 3 days...
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A trust I manage purchased a house Subject to from a woman who was separating from her wife. She wanted to keep her credit intact and couldn't afford the payments on her own. Fast forward a couple months and she's l...
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Hi BPers,I've been speaking to a lot of sellers about the sandwhich lease purchase and many of them want a down payment. I give them that I usually don't give a down payment if I'm paying full market price - However, ...
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This question might be broad but I am talking specifically between the seller, the lender and the realtors. If I am getting a primary residence mortgage loan for 3.5% down, Is the lender allowed to know that I plan t...
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Since I'm just starting out, I'm curious about other investor's criteria, when met, will make you pull the trigger immediately on a deal. I'm thinking mine is a single family rental home near my house, valued between ...
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Hi Everyone - I've been looking to do a house hack for a while as my first real estate deal. I'm 24 and have taken the last few years since I graduated college to get a job, save for my first investment property, and ...