Hello,
I am buying my first out of state investment property in PA.
3/1.5 SFH.
Purchase Price is 110k , needs a new roof, some TLC. Planning for 20 % down.
Similar fixed up properties there are going for 150-1...
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What is a good guideline % wise on a down payment? If purchasing an investment property would you put more money in to get cash flow positive? Does that even make sense?
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I need some help from the community on recommendations. As a new investory, finding funding has proven very tricky. I've allowed myself to start analyzing some deals, but without getting funding it's very difficult....
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Hey BP,My brother and I (27 and 31) both live separately in the Boston area, and have an idea to buy a rental property within the next few months. We plan to but a duplex and live in one unit, renting the other unit ...
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What to private mortgage lenders generally require as far as LTV? Like if I am looking at a house that has a ARV of 100K what could I expect to get out of a HML and does that include rehab costs?
Is there a good stra...
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After searching for a real estate agent in Houston on Biggerpockets I keep getting responses from people from New Western Acquisitions. My understanding is that they work in Houston and Dallas. Has anyone worked wit...
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As a 40-year-old Australian investor, I've built a strong real estate portfolio focused on the local market. My strategy has always been to buy in the right market cycle, renovate for value-add, rent, and refinance to...
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Looking to get going on some real estate so I can replace my wife's income and she can quit her job. Please poke holes in this strategy. We currently live in a 1000 sqft single family home that we pay a mortgage on. M...
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Quick survey here. I heard a quote from Rich Dad's tax advisor Tom Wheelwright saying something like "if you're investing in real estate and you're paying taxes, you're doing it wrong."
So, do you pay taxes? How man...