Cody Lindstrom
To buy at 7% or not to buy? That is the question
Our HELOC on our primary finally came through and it appraised at the top of the market! We are pleased with that 1.25% minimum pmt at @7% interest, 10 year draw with a balloon at the end. We are excited but also ne...
Trent Reeve
Money set aside for Investment STR - how to evaluate purchase
What is the general rule on buying investment STR property if you cant normally absorb the mortgage payment forever? I have enough set aside that i could go a little over a year with no rental income. But is it normal...
Justin Lau
1031 exChange now for a NNN property. What should I be looking 4?
Hello, I am in the middle of a sale and anticipating a 1031 exchange for a NNN. I’m looking at my options. I’m looking primarily in the northeast (MA). I’m seeing 4.5 to 6% caps for 1.5 to 2.3 million dollar propertie...
Tyler Sample
First Time Buyer needing advice! My plan to own a home
Hey guys, I am a 25 year old business consultant that makes 75K a year right now. I can confidently say I am expecting to be making six figures in the next two years. I want to buy a home and stop renting but am looki...
Rob Hakes
Financing Turnkey Properties
Hello All-I have been looking into buying some properties with a turnkey company. From what I see, correct me if I am wrong, most of these turnkey outfits are selling their rehabs for quite a bit over 'retail' value....
Ryan B.
Buying first rental property at 23
Hey everyone!This is my first day on BiggerPockets and I've already learned an amazing amount in the two hours I have been on the site, but I figured the best way to learn would be to ask the knowledgable and experien...
Jeff G.
Actual real estate vs REIT (Real Estate Investment Trust)
RE investors usually put down what 10-25% and finance the rest when purchasing real estate.Why not do the same in a REIT (or two)? There are some paying dividends of 10%+ right now.Do you make a higher % than that on ...
Nat Rojas
LLC required for more than 10 properties?
I think I'm confusing myself with the information I'm reading. I currently have 8 properties in the Baltimore City, Maryland area. All properties are financed through FM confirming loans. My goal is to grow past 10. D...
Dottie Matheson
Buying Occupied Reo's or Foreclosures in Tampa. Good or Bad??
Asking for advice from anyone who has purchased an occupied REO or at foreclosure auction and what is your experience with getting them out. I am looking to purchase multiple properties in the Tampa, Fl area and wonde...
Branden Jordan
Are short sales & foreclosures coming?
I keep hearing this is bound to happen, but I know that fundamentally the market is very different now than when things "crashed" in 2008ish. Who has data to show short sales are coming? Please show this with concrete...