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Hello all, I’m looking into purchasing a rental property, more than likely using a BRRRR type strategy where I refinance after repairs are done. However, I was wondering if anyone has experience utilizing a 401k Loan...
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Hello I know that these loans have predetermined payment schedules for every month of the 30 yr note. My question is what if I make a large principle payment? Will the large principle payment allow my next regular pay...
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Understanding what residents think of the Homeowners Association (HOA) is crucial for property managers and landlords as it allows them to gauge the satisfaction levels of the community members and address any concern...
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Hi everyone,
I'm posting on behalf of my friend Alex, who is seeking advice from experienced real estate investors. Here’s a bit about his profile and what he’s looking to achieve:
- Alex is 30 years old and wo...
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Hi BiggerPockets Family!
House hacking isn't just a strategy; it's a financial game-changer. Have you considered how living in one unit and renting out the others can essentially let you live for free?
I'm fascinat...
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So, I have a few rentals, and some of them are paid off, some still have a note. I have a certain amount of money in the personal budget that is being set aside for our real estate ventures. Here's the question: would...
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There is recent thread discuss whether it buyer market, and people mention real estate is local. https://www.biggerpockets.com/forums/311/topics/62...I live in North New Jersey, realtor mention for several areas, pric...
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I have a question (I will be using fake numbers), say I bought a property at 100,000 and put some rehabbing work in. I only had 10% (10,000) at closing so I needed a 80/10/10 loan, loan value = 100,000-10,000=90k
So ...
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Hello Biggerpockets Pockets. I want to find out a play that is realistic for growing my buy and hold goals for financial freedom. I live in Phoenix, appreciation has been great during this time and my 4plex has gained...
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I have 2 rental properties with mortgages on them. Both are in NYC. One rental property is up for renewal in June (currently occupied) and the other has a tenant who was always behind 1-2 months before COVID-19. O...