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Hello BP Community! I'm seeking advice on the best way to pay off or pay down my HELOC. I have 2 properties that were previous house hacks and have decent cash flow on their own. In 2023 my wife and I took out a HELOC...
Real estate investing can feel complicated, even when you’re doing well. There’s usually a time when every investor hits an invisible wall and moving on to the next deal, partnership, or business can feel like a slog....
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I am intrigued with the idea ... guy wants to rent for a few weeks and mentioned doing it off the books. It would be a 10K+ booking. Its for him and his family as they visit for the holidays. What are the risks her...
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Just wondering if this deal makes sense (cents$$) or not? It's a 26 unit MF complex. 23 out of 26 currently rented. Would require 20% down and seller financing 10% of purchase price for a total of 30% to get com...
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Last fall my wife and I purchased our first rental in Red Wing, MN. There seem to be a shortage of houses for sale and rent and it rented quickly with no trouble. We are looking to continue to buy buy it seems like th...
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I want to get more into real estate investing (looking into buying my first MFR soon), but I'm also concerned about how this will effect my purchasing power down the line.Okay, i know that's a pretty general statement...
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I have a place in Nashville, Tennessee with a 2nd mortgage that I need to refinance this year. I've had trouble finding a lender that will refinance the second at an 80% LTV since I no longer live in it and it's used...
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I've heard of wholesaling lease options, but could I wholesale, or assign a regular lease without getting in trouble. If I used a broker to find a tenant, would that work. I get a few people who call me that and are i...
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Hi all! I am considering turning my primary residence to a rental property. As I was analyzing, I had trouble with computing cash on cash ROI. What would I include in my expenses to do that since I already own the pro...
Have a challenging multifamily deal under contract in Los angles- Owner is selling the property way under market because of a pending arbitration decision in the next few weeks. Currently they are on title, but attorn...