Sandeep S.
How's this deal in Baytown, Texas (near Houston)?
I am in contract for this REO property: 8119 Eastpoint Blvd, Baytown, TX 77521 for $110k. I expect that rehab will take another $10k (max).
It is a 2005 built, 4 BR, 2500 sq ft home in decent school district...
Desiny Smith
Calculating Expenses as a First Time Investor
I've recently been pre-approved for an FHA mortgage. Right now I am looking for a foreclosed or vacant multi to fix in the city of Albany, NY using the 203K product as well as city grants and then refinance (aka the B...
Elijah Wichers
Is using PMI good for real-estate investors to lower down payment
Hello, I have been researching loans and financing options and discovered that many lenders will let borrowers put a lot less than 20% down on a property, given that they get PMI. Now, this sounds great for investor...
John McKee
NN Retail Just closed for $580,000
Here is a deal deep dive that I wanted to share:The property is a a former bank building that is now a Vet office. Cap rate is about a 7%. The deal was financed with $280K in cash and the rest using a home equity li...
Ray Jhala
To permit or not to permit!
Hey Everyone! I purchased my first rental, a duplex, in January of this year. After the tenants left last month I started the rehab process to bring the units up to speed and increase rents to market rates.
The sco...
Dustin Sanders
Invest in 1 $300k or 2 $150k single family homes?
If all else is equal and there are no renovations needs, which option would you pick?
Luke M.
Has anyone been able to get a HELOC on a rental property?
I keep getting turned down, but I've been told some local banks will sometimes entertain it.
It's located in San Diego, California, and I live in Brooklyn. It's rented well and has about 60% in equity. Any ti...
Lee Haenschen
Hitting a brick wall
I could use some words of encouragement. For over 2 years, every moment I can steal away from family and my business, I look at homes to try and start my portfolio. Mainly looking for some to Brrrr at the moment. It s...
James Vermillion
Using BiggerPockets to find Help or Partners
Hey everyone,
I have just spend the last 30 minutes or so getting caught up on the forums and something really caught my eye...the number of people who come seeking deals/partnerships/HMLs and do not follow basic et...
Devon Craychee
Financing Advice on SFR's
Hello,I am looking for some advice on the best way to use the equity in my two rentals to buy additional properties. Here is my current loan info:House #1 - 64K left on loan. House is on zillow estimate for 142K. I...