Lisanne C.
Utilizing equity in personal home to BRRRR
I’m thinking of refinancing my personal home to start investing in real estate using the BRRRR strategy. Thoughts?
Alexander V.
Disparity between estimated rent from agent vs. area research
If you use rentometer and various apartment searches and believe that a unit should rent for, say, $650, and your real estate agent estimates that it should rent for $600, that's not a big deal. The different isn't th...
Ryan K.
Buy a negative cash flow?
There is a small (625 sf) office space offered for sale for super cheap ($25k). So cheap, I could pay cash! I spoke with the Realtor and found the reasons:
1) interior office, no windows, not desireable
...
Edward Salazar
Orlando's Businessman diving into the Buy & Hold concept
My name is Edward, I live in Orlando, FL and would like to meet local investors that purchase Multifamily Units to buy and hold and/or Flips. My idea is to network and exchange ideas, where I can enrich my knowledge a...
Alysia Newsom
brankruptcy
Has anyone had experience with bankruptcy? My husband and I are considering it after meeting with a debt management counselor that recommended it. We are trying to do everything possible to prevent this option, but th...
Isaac King
First deal questions!
Hello y'all. I'm looking at a fourplex tomorrow afternoon and want to make sure I ask everything I need to ask. I've got an idea of what I think it's worth and I've asked the listing agent for a t12, maintenance expen...
Jovany Melendez
Officially welcoming myself to the BP community
Hello BP Community,I'm not necessarily new to BP, but this is the first time I've attempted to dive into this since I first joined back in 2016, so to continue to cement myself further into this commitment, I wanted t...
Katherine D McCoy
How to buy investment property as a first property purchase
Hi! I've saved a solid 20% down payment with the plan of purchasing a duplex, intending to rent for additional income. Trouble is, I'm being told by local bank morgage officers that since we have never owned a propert...
Kristina Lugo
Making my first offer!
Let me know your thoughts on this deal:I’m offering $81k (asking price) for a 2 unit building:Unit 1: 2 bed, 1 bath w/den could be a 3rd bed $900 rentUnit 2: 1 bed, 1 bath also w/a den that could be a 2nd bed. $700 re...
T Pellin
Payoff advice needed
Hoping to pick your brains about the best course of action here.$135,000 remaining on Primary home @ 3.75%$165,000 remaining on Investment property @ 4.25%Both properties are in North Carolina. Investment property is...