Back in 2017 my wife and I had the vision and goal to invest in real estate in order to better our family’s future. I started by diving into books, podcasts and meetups. I became instantly hooked and decided to start ...
Hey BP community! What's up? I'm a Veteran and certified HR professional. I've been self-educating myself for the last 4 months on REI and I'm so close to start investing. My plan is to start with vacation rentals an...
Hey everyone! I have a mortgage philosophy question for short term rentals. My wife and I are looking to purchase an AirBnB STR and have two options (below):1) Purchase price = 480k, down payment = 20% (96k), intere...
When we financed our first STR in Nov. '22. we used an investment loan bc our DTI was too close to qualify for the second home loan. What kind of options do we have in order to refi into a better rate? Will we need to...
Hi Everyone - my fiance and I are buying out primary later this year (new build) and I am debating on how much to put down as much down payment. I was planning on 20-25%, but could go as much as 40%.Outside of the low...
Greetings,
I am Ghazi, residing in the Chicagoland area, and I am relatively new to the field of investing. I have dedicated considerable effort to acquiring knowledge by engaging with podcasts, reading books, and ac...
As I get educated on RE investing, I've been drawn to the BRRRR approach as it most closely suits my long-term goals. I keep hearing from enthusiastic people talking about how it's the way to go, how one can lock up ...
Believe it or not, how you live your life according to the importance of the 5 currencies will dictate your success...no matter how you define success. Humor me and share how you rank these currencies in order of imp...
Currently i have a rental in bay area, bought 400k, still have 280k loan and can sell for 750k. Current rental is 2900 per month. I pay 2300 per month including hoa.Should i sell it and get around 400k cash and buy 1 ...
I'm drafting some purchase criteria to send to a few MHP specialist brokers for a good first deal. Here is what I have:
Targeting 1 to 6 units with lot rents averaging less than $400 per spaceVacancy rate between 65%...