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Results (10,000+)
Hannah Joy When to refinance?
5 December 2024 | 7 replies
If it costs you $20k to do a refi right now is that worth it on the payment difference?
Cole Farrell Starting with a SFR is a mistake - prove me wrong
5 December 2024 | 6 replies
Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.
Justin Bettano Multi Family(2-4 Units) Buy & Hold | Peabody, MA
3 December 2024 | 0 replies
FHA-Owner Occupancy Loan, to limit down payment to be able to utilize for maintenance
Tiffany Alfaro New member looking to network
2 December 2024 | 10 replies
The minimum down payment for a property in this price range would be roughly $27K.That said, you also need to account for bank closing costs, inspection costs, appraisal, attorney fee, and title costs.Your scenario may require a seller's concession to account for these additional expenses.Investing with $50K is totally possible in this market but your journey may be met by challenges i.e.
Don Konipol The 5 Most CLUELESS Note Investors I Ever Met
1 December 2024 | 10 replies
The note investor who thought that even after he sold the note he was still entitled to collect the monthly note payments. 2.
Suresh Ram Where to find multi-family units and gotchas with multi family investing in Jersey
3 December 2024 | 7 replies
But 3) Try multifamily specific brokers, crexi and loopnet, although 2-4 units maybe scarce. 4) A home equity line of credit is a good source of funds however it will generally make your overall monthly payments higher, so unless a deal is very solidly cashflowing, a HELOC may put you into negative cashflow. 7) Typically electric/gas are paid by the tenant - however this isn't true across the board. 
Nicholas Minich Starting out- Have the cash flow/ HELOC
4 December 2024 | 6 replies
@Drew Sygit, Last November Fannie Mae began accepting 5% down payments for owner-occupied 2-, 3-, and 4-unit homes.
Samuel Richardson New to BiggerPockets and Rental Investments Looking to Network
4 December 2024 | 15 replies
Living in one unit and renting out the other helps you scale quickly because you need a lower down payment for a primary residence. 
Allison Park Property Management Software, Top 5 under $20
2 December 2024 | 2 replies
The analysis is targeted to small time DIY landlords with 1-5 properties with minimum requirements to be able to do the following tasks online:  Listing/Syndication, Applications, Screenings, Leases with eSignature, Payment Customization (i.e.
Sharad Bagri should we get home warranty
4 December 2024 | 8 replies
As with any insurance you need to weigh the cost of doing the repair yourself vs the cost of the premium payments.