Sarah Peterson
Just figuring things out
30 January 2024 | 2 replies
Eventually I would want to get into renting and possibly Airbnb in addition to the fix and flip.If anyone has any suggestions to help me figure things out, I would love to hear them!
Terrence Ward
Should I pay to go to a Robert Kiyosaki workshop
30 January 2024 | 13 replies
I've heard people going out there and doing creative real estate deals with low-to-no-money down (these deals are hard to come by . . . if you have no money, then you got to spend your time and effort).Listen to the BiggerPockets podcast show #77 with Michael Quarles.
Brett Merrill
Business and Building BRRRR deal for 0% down
30 January 2024 | 2 replies
Negotiations led to a groundbreaking deal with seller financing: 0% down, a 5-year balloon at 5%, and an additional $20,000 at 5% interest upon the liquidation of their business, providing a financial buffer during our transition.Equally crucial was engaging the managers who knew the ins and outs of the business.
Ivan Rodriguez
Personal Accounting Program/Software easy to use and reliable?
30 January 2024 | 4 replies
I hope that someone will know about this other programs and to get your guys feedback since I am planing on getting better in organizing our spending and savings for the next deal.
Persephanie A.
Turning primary residence to short term rental - Military move abroad
30 January 2024 | 7 replies
However, military who occupy a house for 2 years can get an extension of an additional 10 years and still have capital gains excluded.
Christi Wolverton
Insurance for multiple properties
30 January 2024 | 7 replies
We currently have 7 buildings, 8 units, and are adding at least 5 more buildings this year with an additional 9 units.
Richard Arakelian
Money Pit, what to do?
30 January 2024 | 13 replies
I think they call it "the hood" because there are mobile homes on my block and it's not water-front, and while mine is a mobile home, it has two additions that make it look like a full sized house.
Luc Langlois
New 25 Year Old Chicago Investor Looking to Connect and House Hack a Multifamily
30 January 2024 | 10 replies
Additionally, I'm looking to connect with other investors to continue expanding my network.
Vasundhara Ranjani
Investing in Multi-Family to Generate $10K-12K per Month in Cash Flow
31 January 2024 | 14 replies
Don’t forget about 5% cost to close in addition to the purchase price.Assume leverage of about 65% on a $2.9M purchase price, you’d need to invest around $1M just to get that cash flow.
Matthew Espana
sub / creative finance
30 January 2024 | 6 replies
If they'll be buying another house immediately, it prob wouldn't work as the existing mortgage will still stay on their credit, and they wouldn't qualify for an additional mortgage.