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Hi All,My business partner and I have successfully Bought, Rehabbed, and Rented our first property with a 18.3% Cash on Cash return. This is a huge success for us being our first time now all we have to do is refinan...
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So my wife and I live in Northern Virginia (NOVA), and we are looking at moving out of the area in the near future. Due to the nature of our professions, we will very likely be back sometime in the future, and the way...
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Hello, newbie here.I was hoping to gather some opinions on my situation. My wife and I are considering buying a condo that we will occupy for a few years and then possibly rent it out or sell it. We can afford the 15y...
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Hi,I used to have really great credit (high 700s, maybe even 800 at one point) but it screwed up because my business lost a ton of money around covid. I have paid/settled everything and have few credit cards and my fi...
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Hello, Everyone.I hope everything is well! I wanted to obtain your feedback on a startup that my co-founder and I are working on. I am a real estate agent in Rhode Island and the leasing manager for a 350-unit portfol...
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I'm new to Bigger Pockets, and recently started playing with the investment calculator. Previously, I had used another online calculator which had a "maintenance" field that was pre-populated with an estimate of 10% o...
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Prepare for a long post. According to my calculations and "rules", It seems that it'd be possible to double your portfolio and rental income ever 15 months or so (in a perfect world) leading to financial freedom very ...
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After reading "Who Took My Money" I am motivated to have a SFH that I own refinanced to accelerate my money. What are the requirements to do a refinance? My questions are:1. Do you have to have a certain % of the hous...
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Does anyone know if it is generally acceptable to a lending bank to use my (primary residence) HELOC as proof of cash reserves when applying for a rental property buy and hold conventional loan? Or do you need to sho...
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I currently own a property that I inherited. It currently has a tenant. The mortgage will be fully paid off in December 2018. It needs some major repairs. Ie. New roof, plumbing a total rehab. I am thinking a cash out...