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Hey folks,Quick questions for you. I have enough cash in the bank to purchase a small 2bd, 1ba SFR (already cash flowing/w tenant) outright. My question is, should I make a cash purchase so I can own it free and clea...
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Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
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BP Community--Happy Thanksgiving!I am about to close on a property in Chicago (in two weeks). I just asked my lender if there are any issues with purchasing the property via land trust. He researched guidelines for co...
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I currently have two long term rentals and am looking into buying into the short term rental arena. I know there are penalties and tax implications but wanted some advice on cashing out Roth IRA or IRA to buy investm...
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I currently own 4 properties - three SFHs and a duplex which I recently closed on and am currently moving into. Up until recently, I had purchased each of my properties with the intention of living in them for a coup...
Need input for a fair structuring of a deal with local contractor. A trusted contractor has brought a great multi-family apartment deal to me at a discounted price. He will do the work at cost to keep his crew wo...
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First BRRR DealThe BuyThis property is literally just down the street from my personal residence. I have noticed it for the last year since we have moved into our house. The paint was chipping and it was just obvious ...
And your goal was $30K+ per month of relatively passive income over time, how would you deploy that capital - multi family, commercial, single families, etc?
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I recently posted what my idea of a "Good" buy and hold deal looks like. "$100.00 per door cash flow after all expenses are covered, is what I would consider a great deal (@Brandon Turner ). To add to this strategy, ...
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I’m sure I’m not alone in this... I’m obsessing Day and night over finding the best deal. I have a SFH that was my starter home 10 years ago. I bought it for $40k, the loan is down to about $25k. I net $400 a month...