I’m working on my first deal and considering the CapEx, Vacancy, and Repairs expenses in the BP calculators. If I have a large enough (approx 6 months of rental income) lump sum of money saved up and invested in safe ...
I’m trying to get started investing in rentals in the Oklahoma City area. My question is about realistic reserves when figuring deals. I’ve been using the numbers discussed in a bigger pockets webinar that I attended....
I'm planning to buy multifam to house hack in the future. I'm curious about having upfront reserves ready. I want to mitigate risk by building a reserves cushion to have ready at the start of the investment and doing ...
Anyone use it..... i have heard mixed stories about it.... It seems shady..... Would love to hear a success story from it or a nightmare
Hi BiggerPocket,I recently reached out to my lender to ask about using a home equity line of credit as my down payment and reserve funds for purchasing another property and was informed that this is viable however, th...
Hello All,
I'm in Syracuse, New York and I'm analyzing what would be my first deal. I'd like feedback, advice, questions, criticism, if you would be so kind.
Here are the particulars:
Single-Fami...
I know the title is awesome. I would like to hear from all of you, the professionals! Though I am a newbie, please don't assume that I haven't done my due dilligence. I have been studying real estate for a few years. ...
Hey BP!I know when analyzing deals, its critical to account for vacancy %, repairs %, CapEx to cover costs. Is there a rough estimate that anyone is aiming for? For example, if I did a remodel on a home and replaced e...
When you take out a loan from the bank for a real estate investment ( for ex. a multi-family home) and you decide to buy and hold. Are you the investor paying for the loan or does the tenant you put in the rental prop...
Hi there, I am new to real estate investing and am looking to purchase my first home. I recently graduated from college, and thus I do not have anywhere near 2 years of income history. However, my girlfriend of five y...