Hey BP community, I need some advise!
I moved home two years ago and was able to save 35K cash and am feeling like I'm approaching the point of investing in my first multi. I want to buy and hold for long term wealth...
Hi,Out of curiosity, has any one had this situation before?Borrower purchased a SFH 2 months ago as investment property, took the project subject to a 1st loan of $100K and a HELOC of $100K and the rest in cash of $50...
Hello everyone!
I constantly hear and read of investors making all cash offers. However, I'm confused if it's actually that these investors have all that cash saved up or are they using some type of loan? How is it t...
would you purchase a house that can reliably produce a 500.00 cash flow if there was little chance for any meaningful appreciation? A 40k house with 4 units, section 8, rents for 2000 per month. After expenses includi...
I get this question alot and I see the benefits of both, With cash you have more negoiating power and you own it free and clear, and with loans you are borrowing at 5% and putting into a property that gets you 10-15% ...
Hello everyone. I have an opportunity to get a personal loan for about $10k and was thinking about what I could do with it as far as investing. Obviously the loan would have a monthly payment which I will need to ac...
Hey BP! I just wanted to share my experience on my first flip in Phoenix, AZ! When I say this is my first flip, this isn't counting the previous live-in flips that I had previously done (which was fantastic for lear...
Can anyone offer advice on how/where to set up a dedicated REI bank account(s)? Should I ask about high yield savings accounts or just keep all REI cash flow in a separate checking account? Does each property need its...
Hello everyone!
I have recently stumbled across a Bigger Pockets Podcast episode & I am now seeking to get into rental properties. I have been wanting to get into real-estate for the last 3 years, but due to scho...
I had 2 rental properties in Chicago. I sold 1 early this year and did not buy another property because I didn't want to. Hence I will probably pay a good chunk of change to uncle Sam when I file my 2024 taxes. I stil...