Hi Everyone, Hoping to gain some insight. My wife and I ready to start our Real Estate Investing business. We currently have roughly $250K in equity in our home. Cash is tight at the moment so we want to use the equit...

Hey everyone,
Just wanted to see if anyone has had experience with paying cash for a home to combat the competitiveness in today's market then shortly after re-financing to pull out cash to do the same on another pro...

Scenario:

Seller purchased property (paid cash) about 2 years ago for $180,000.

Present market value of property is about $155,000. and feel I can purchase property at that price.

I'd like to explore and possibly ...

I recently read about a rule of thumb for apartment investments and I'd like some BP member feedback.

The rule of thumb goes like this: "For every one million dollars of real estate you own, it should be cash flowing...

I have opportunity to buy an off market property and receive owner financing of somewhere between 4.5-5.5%.  Owner asking for 800 k on property that he rehabbed and doesn't need any fixing up at this time. I don't kno...

Hi BiggerPockets!My name is Kyle Berns. I am a 26 year old finance major from Eastern Michigan. I currently work over in Troy, MI in mortgage underwriting. I bought my first of two rental properties in the Saline/A...

My husband and I have so far flipped two houses by living in them and doing most of the work ourselves. Now we're trying to get started on our first buy and hold with the BRRRR strategy. We've saved up about $30k of o...

I have 5 rentals in the Atlanta and Tampa area.  In total they are worth around 1.2M and I have debt on them around 260K. I have talked to a Loan Broker about doing a cash-out refi.  We first talked about a portfolio ...

Hello Everyone,I currently have 2 rental properties averaging $3,300/month in cashflow. I have 1 mortgage in my name (about $1500/month). My income is on the lower side since I have declared smaller amounts since 2022...

I am wondering if there is a certain amount a bank accepts to do a rate/term refi? I know some banks, at least here in Illinois, have a minimum of $50K loan for a purchase. I'm looking into HML and/or private loans ...