Hello BP!I recently heard in a seminar and podcast that you can use credit card debt for a down payment on investment properties. Has anyone heard of this strategy or any other strategy where you can use your credit c...
As some of you may already know I tied up 2 free and clear wholesale properties under contract Yesterday. Here is the situation:
Motivated seller called, we met, I offered , he agreed, we signed two purchase agreemen...
Hey everyone,I was hoping someone can give me some insight on this... So I recently moved to San Antonio for my job last August and my lease expires at the end of July. I probably only have 5k in capital right now an...
BP, I need your help. Long story short there is an abandoned home that I have found that I would like to purchase to fix and flip. This is what I have done so far:- Went to the county and found the owners- Found that ...
Investment Info:
Large multi-family (5+ units) other investment.
Cash invested: $3,000
STR/BnB operation located in downtown Seattle. Through an initial investment of 3k, 3 yrs ago have grown into a 9 u...
Greetings fellow BP'ers!It's hard to imagine that I got started in RE just a few short years ago. So much has changed in the market, economy, and even my life!When I first started out I really had no idea what to thin...
I bought a home with cash. I did not have it appraised at the time of purchase. The house has appreciated even though it has not been 6 months and I'd like to get my cash back to purchase other properties.First, do I ...
Hey Everyone! I am a current business owner but currently own no real estate.After some thoughtful research, I have focused my attention on investing in the state of Ohio. My reasoning is based on the average cost per...
Hey Biggerpockets, when using the BRRRR strategy, do I absolutely have to buy the property with cash? Is it possible to buy a house with a conventional loan and 20% down, rehab the property, then get a refinance? If s...
Ive been reading through the forum and I have one important question thats been running through my head.
What happens when you purchase property, say for example, a rehab. You repair it and turn around and list it f...