If you can pay off the mortgage on your first rental property should you? And is it a viable strategy to then use a HELOC on the (now paid off) rental to buy a second? I ask this because my wife and I dislike debt but...
So in my first year of investing, I've bought 8 properties from condos to sfh, to multifamilies. All are rentals. 7 are in my personal name and the eighth property is under my solely owned LLCI am literally leading my...
Hello!I am a Marine Corps Veteran who got into real estate just about a year ago. My first purchase was a three flat, renting out two units and living in one. I attempted to use the VA loan but my DTI was a fraction s...
After a period of low interest rates that fueled housing market, the Federal Reserve is meeting on March 14-15 with the stated goal to raise the benchmark interest rates from near zero. Many are saying that this will ...
Hey everyone!If you are looking to buy out of state for buy and hold properties, how do you decide if a neighborhood is 'good' or 'bad'? I've tried looking at areas via Google street view, but I know that's probably n...
Good morning to everyone on the west coast, and good afternoon to you all on the east coast! I discovered Bigger Pockets a few months ago, and decided that joining the BP world would benefit myself in acquiring a w...
Hello,I have been on here for a little while but only as a lurker. I really enjoy reading everything people have to say on here, it is a great community. I live in Bend Oregon on the sunny side of the Cascade mountain...
Hey BP, and particularly Baltimore folks - Another BP member, @Kenneth Futrell , and I are thinking of doing some work together on a tax lien that he purchased. We had a couple questions and were hoping some folks who...
Hello All of BP!Yesterday we finally hit the listing milestone for a live-in flip that was a whole year in the making.We bought this 1976 split-level in a smaller town south of the Twin Cities in Minnesota last April....
Hey BP friends,Backstory:I'm in process of rehabbing a 1920s house in San Antonio, Texas, which has a cedar post pier & beam foundation. The house is 1600sqft total with a second story being only 500 sqft. The fou...