Kessy Similien
Is Hawaii too expensive for first deal?
This week I got pre-approved for a loan in Hawaii. As I'm looking through Redfin, everything is so expensive in Oahu, Hawaii and I'm wondering for my first deal would it make more sense to buy out of state. For exampl...
Sheeva R.
Philadelphia/suburbs market advice
Hi everyone!I wanted to get everyone's thoughts about the Philadelphia real estate market? Would love to learn what people think about accumulating cash flow positive properties and building a real estate portfolio ei...
Neil Sinha
First Lien and purchase money 2nd lien. Foreclosure on 1st.
Hello. Newbie here. I'm looking at the foreclosure list in San Antonio for next month to scout for deals. I found a property where the owner bought by signing two notes at closing: a $95K first lien mortgage and a ...
Amy Raye Rogers
Why BRRRR is Going to be a Disaster for Most Investors
On the surface, BRRRR sounds like an efficient strategy to reuse the same capital over and over to gain more assets.... And it is. However, a few observations cause me to believe that many investors are following a p...
Patrick Reagan
Oil tank contaminated soil/clean up costs
Just got a call from a seller in New Jersey, who had a below ground oil tank removed but the soil is contaminated.What would be a rough estimate to clean up the contamination?
Dave R Ludolph
A scenario where negative cashflow might makes sense
I didnt know where exactly to post this but here it goes. I'm considering getting a residential loan on a fixer upper property and moving my family into to live and flip. Plan on putting 5% down and spend a total of $...
Petya Toncheva
Clear to close on Wednesday, bank funds won’t clear until Friday
Hi BiggerPockets family, so I am elated and frustrated at the same time. I finally found a two family home in Fairfield Connecticut, after a year long search. I am clear to close at the attorneys office on Wednesday, ...
Vijaianand Thirunageswaram
One more Flip down, trying to Finish up next one & keep it going.
Howdy folksIt's summer alright!! Houston is getting Hot and humid slow and steady. People say it's going to be one of the hot summer because winter was bad. Being said, what it gotta to do with Real estate. It is ver...
Ben Kwan
Negative Cash Flow for Appreciation (Bay Area)?
Hi, I live in the Bay Area and like many, am priced out of most markets here. With that said, I'm exploring a townhouse in San Leandro for about 450K. It's a 3/2.5 and probably can rent for about $2500/month. I may...
Marlow Martinez
where is the lending world headed too??
with all the programs being cut to a bare minimum, where is that taking the real estate investor?? it seems like we are headed no where fast!! will lending ever be what it was??? maybe during the next war..