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21 February 2025 | 10 replies
Connect with a realtor, say you want to purchase an investment property.
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17 January 2025 | 1 reply
@Shannon VistisenI would definitely purchase it and do it yourself.
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25 February 2025 | 0 replies
Purchase price: $285,000 Cash invested: $33,500 In May 2024, I purchased a duplex in College Station as a house hack.
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18 February 2025 | 5 replies
@Marc DeLeonibus Hey Marc, I did not end up purchasing the property.
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16 February 2025 | 2 replies
Quote from @Kristin Vegas: Hi bp. is it possible to do a HELOC on a house I purchased 6 months ago?
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23 February 2025 | 3 replies
@Matthew Strackjust to confirm, the funds you'll be using for your investment purchase are borrowed?
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26 February 2025 | 3 replies
Here’s the breakdown:Financing & Investment Details: Total Project Cost: $750,000 Purchase Price: $450,000 Rehab Cost: $300,000 Total Investment Needed: $750,000 Private Money Loan: $550,000 (1-year term at 9% interest) My Cash Investment: $200,000 Interest for Private Money Loan: $49,500 Closing Costs for Private Money Loan: $0 Closing Costs for Refinance: $27,000Total Cash in the deal:$750,000 + $49,500 + $27000 = $826,500Exit & Refinancing: ARV: $900,000 After renovation, I refinance at a new loan of ~$675,000.
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21 February 2025 | 2 replies
If you both purchase four-Plexes, you could have 8 doors after two years.
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25 February 2025 | 8 replies
There’s not really a lot of value add opportunity or sales comps in this space for our area.I typically (BRRRR) purchase fixer uppers with cash, fix up, rent, then refinance on a DSCR and get all of my money back.
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20 February 2025 | 7 replies
My name is Seth, and I decided to join the BiggerPockets forum this year as I am looking to purchase a single-family home to house hack later this year.