Hi folks,I am in contract on my next deal in Oakland, CA. I would appreciate your advice on whether there are any gotchas that would prevent me from executing my plan.Purchase price: $250,000 (paying all cash)Closi...
“I’ll wait until next year”
Some of the people I talk to regarding real estate get excited and want to meet up or talk and a good amount of the time they end it by saying “Definitely this time next year im buying a h...
Hi new here and this is my first post and hope to look back on this and see where it all started. My ? Is I have a small ira approx 7k the advisor says that I shouldn't take it out and pay penalties that could up to 4...
I recently had a Q&A session with a respected Missouri investors with a 100+ units. One of the key statements that individual made in the conversation was "You're not even getting 1% of rents in your market, ...I ...
Hi everyone,My name is Shay, new to biggerpockets. I'm very interested in cashflow investments in Chicago. Lately I've looked at the northern neighborhoods. As you can imagine the cash-on-cash is challenging there, so...
Hello all- I am somewhat of a newbie and have MANY questions (I'll try to stick to the most urgent. First though - my position is this: I currently have a high paying day job, great credit, and I own my own home (fixe...
My plan is to never sell and keep forever for rental income. My goal is to buy, pay off, then duplicate over and over. The home is 4 bed/2 bath/2 car 2006 year built 2,000 sf block. Purchase price $115,000 and I estim...
Hello, Initial strategy was different, but due to change in market struck with current scenario. Two person equally shared down payment, but mortgage is on one person at 3% interest rate. Affects the DTI little bit. A...
Hi everyone,
I'm new to this. I'm helping my father expand his RE portfolio. He's obviously more experienced since he already owns one CRE property.
I have some questions.
He wants to stick to Bank Financing over ...
For those contemplating alternate investments, I highly recommend considering hard money lending. I started in 2012 with little knowledge or information. At that time we didn't have Dodd-Frank to be concerned with. Fo...