Ok, so here's the situation: I've got 3 rentals, and I have an offer for a house I paid 79k for for 125k. I owe 72k, so that gives me 53k to play with. Taxes will be ~$6500, so that leaves me with 46.5k in pocket, fre...

Hi Everyone, First time here on Bigger Pockets. I had always wanted to buy my first investment house, to fix up and rent. Opportunity came up in June 2022, off market so I used my HELOC and some personal family loans ...

Looking to either HELOC or COR on a duplex I have to get some cash to use as a down payment for another investment property. Although we'd get more cash from the COR (about 160K) the fees are insane, and I'm not sure ...

I'm writing an offer on a property that I'm planning to pay all cash for.  My wife and I are each contributing to the purchase and we would both like to be on title.  However, we have a long-term plan to accumulate mo...

Hello, 
I recently bought a distressed property at the end of June (6/27/23) for flipping as my cash only and I just finished rehabbing it using my cash only and put it on the MLS market currently. But it seems like ...

Hey BP, My wife and I are getting relocated to DC this summer and the only way we can get everything we want in the city is by performing a "live and flip". We're going to buy a fixer with a 203K construction loan and...

So last month, I finally bought my first rental. I did it on a 5-1 Option ARM. I also have the same thing (5-1 Option ARM) on my private residence. Now... I'm making interest-only payments to keep from going into n...

Relatively new BP member who is also a fee based CFP.  I find concentrated positions held in small businesses/RE to be the best wealth generator a person could have.  Feel free to ask me anything about investments, fi...

Hello everyone, I purchased my first duplex 6 months ago. I live in 1 unit and rent the other. After PITI and all expenses I typically only pay $100 per month out of pocket total.  I put 5% down and have a mortgage ba...

Hi All,

I purchased a 2 family house that I am living in. I have 200k equity in the house, 450k purchase price and the tenant is covering all but about $600 per month in living costs including utilities. I wa...