we gave 5k earnest money, agreed to 82.5k and at most 2.4k miscellaneous and closing costs. HUD gets to us and its an additional 3.9k. We call them on it and they say they incurred more costs than normal in acquirin...
My rental was purchased at $117,900 + rehab costs of $17k. I put a 20% down payment on the property with a 30-year loan at 4.5% interest. Closing costs were $5k. The rehab was paid in cash. My intention was not to BRR...
Hello All:My partner (Realtor) and I plan to get into a 50-50 % partnership by pooling our individual financial resources to invest as equal partners in a Residential Rental Duplex. Background about JV:Acquisition Pri...
Hello Biggerpockets,I wanted to share my plan for jumping into real estate to get some feedback while I’m still early in my planning phase. My longtime girlfriend (25) and I (23) are planning to move to Cleveland at t...
I am selling a house in FL for around 650K (bought for 450K). Tired of condo commandos :-)My options:1) Sell it outright, pay taxes (around 50K) & put the money in REIT or S&P 5002) Do 1031 exchange. I like w...
I have executed 6 Ground Up Developments and 56 Multifamily Redevelopments for 14,000 units as an Asset Manager and am executing my first deal as the sponsor. I have partnered with a GC and am seeking to do a tear do...
My wife and I own a couple rentals, my partner and I own a few rentals as well. We are BRRRR ing our first property and I really like the strategy.
I’m curious how people here felt about pulling from retirement acc...
Hello! I am brand new to real estate. I am looking to start by flipping houses. I am currently going through "Investing in Real Estate with No Money (and low) money down and I thought it would be a good idea to get ...
I a executing the buy, rehab, rent and repeat strategy. That said, now that I had purchased a property with all cash, rehabbed the property I am ready to refinance and use the cash out proceeds to purchase another pro...
I thought this was interesting because it shows the state of mind of the general public.
I just called to order berry plants from a wholesale nursery and was told that everything was completely sold out. The nursery ...