Today I am closing on my first BRRRR! I have learned a great deal. Spent a little more than I should have, but I am counting it up to the cost of education. I will still cash flow at a couple of hundred every month...
Just wondering what people think about these numbers. Is this too good to be true? Am I missing something?Rents: $2,750Less Vacancy: $137Effective Rent: $2,612Taxes: $157.00Insurance: $85.00PMI: $213.00Maintenance: $1...
house sells for 15k. after closing and assuming some back taxes you are in 18k before you pick up tools. throw another 10k into the guts and you are now in to the property for 28k. maybe some cosmetics at 2k wit...
I currently have roughly 80,000 dollars of equity in my current residence. I have been looking into utilizing a HELOC to make a down payment on a house that I plan to flip and rent out. Does this work or is buying the...
I found a deal that looks pretty good to me after looking at dozens. I am hoping some veterans can jump in and tell me if I am missing something or if I am on the right track. In case I am breaking rules I don't want ...
Newer to the business, really trying to expand my network. I’m in the Portland metropolitan area. I’m wholesaling at the moment and looking to connect with investors, particularly cash buyers!I’ve found a few but a lo...
Hey biggerpockets members my name is Shane and am currently a mailman wanting to become a real estate investor. I'm currently working on obtaining my first deal I found off market. Already I've been running through al...
I want to buy my first owner occupied investment property in Queens, NY. But need advice on what would be best if I am hoping to close in 2 months. All tenants pay their own utilities.
Option 1 400k - Approved short ...
What should I bring to a hard money lender in order to close a deal? I know most of the main things like ARV, comps, and scope of work. Does anybody have an example they could share? Or possibly a template that you go...
Good evening,I just wanted to send out this new member intro. I have been on bigger pockets before, but never really utilized it to the fullest. I am a real estate investor out of Buffalo, NY. YES thats right! BUFFALO...