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Hi all, so my dad recently did a cash out refi on his only rental property and pulled out 80k. He wants to invest by buying BRRRR properties. His plan was to use the funds to put down 20% on two 100k rental properties...
Hey guys, Just wanted some clarification on how this section works. Lets say, using hard money, I purchase a property at auction for $35,000 that requires another $35,000 in repairs (included in the hard money loan). ...
35 years old married w/ about $1m in assets. $600k in cash and around $400k in retirement account.Looking to live the retiree lifestyle soon and looking for passive income. Currently reside in NC but will probably be ...
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Background:
Currently FHA financed on a SFH where I live. Bought for $125k, remaining balance $60k, appraisal should be $175k. Currently pre-approved through the VA for $400k but lender said $500k is an easy reach. I...
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Hi everyone, wanted to reach out as a new investor looking for advice on what markets (cities) anyone investing in here. I am interested in investing in multi-unit properties like 2-8 units. The main questions I have ...
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I'm in a position where I have my rent paid until March in the San Jose area. I managed to save $120,000 for a down payment to get into a house hack multifamily property. I want to get at least 4 units, but I can mayb...
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good evening everyone! I have a question which I was asked and since I'm not a lawyer or have experience this maybe someone on BP has. Tenant been in the property since 2009. She sign...
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Hello and good morning bigger pockets fam, I am seeking guidance and thoughts into starting out in real estate. I am currently in San Diego and wondering how I can afford a duplex or single family home which I can val...
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Hi everyone,
I’m new to real estate investing and looking for guidance on where to start. I currently live in upstate New York but am considering relocating and would love advice on where to move based on strong real...
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I am in the position to go green aka electric thanks to solar, the numbers all make sense to move in this direction. My net out of pocket expense is roughly $14K, finance it with a low payment, and rapidly pay it off....