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Good afternoon BP Family!First time poster - I just joined BP but I've been following along for quite some time. I currently live in Somerset Co., NJ and am ready to buy our first MF investment property. My wife and I...
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Since I have been trying to secure funding for rental properties the banks are telling me I need to put down 20%; it just occurred to me, do they mean 20% of the purchase price or 20% of the appraised value of the pro...
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Investment Info:
Single-family residence buy & hold investment in Montgomery.
Purchase price: $1,200
Cash invested: $25,000
This property has been renovated from top to bottom and is larger than ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $430,000
Cash invested: $50,000
First investment as a house hacker! Tough market as an FHA buyer, but financ...
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Hi BP Community! I am getting started and had a few questions regarding financing. My initial plan was to BRRRR a SFH using a HELOC on my primary residence (roughly $100k in accessible funds). My plan was to fund the ...
Hello,I flipped a property. I am unsure if a should cash out and refinance or sale it.Can someone please explain how the cash out refinance works.The ARV is 175k. Does that mean I refinance 80% of the ARV of the prope...
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Good morning everyone,
My wife and I just bought our first home in a good area of South Ogden, Utah and intend to house hack it and move into another property in a year or so. The home we purchased already has a base...
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Hello BP!I thought it would be a great opportunity to start posting some of the current and past flips my team and I have completed. My goal by doing this is to allow the BP community to learn from our mistakes, conne...
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Hey everyone, I am new to Bigger Pockets and this is my first post. I have an endless list of questions but I'll start with my most nagging. Let me first explain my current status. I am currently renting and I plan to...
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Hello all, my name is Brian floyd and Im a fresh back into the real estate market since 2021. I’m 31 years old and have general construction background and my current career is a journeyman electrician. I have done a ...