Hey! I’m new to investing and want to know how I can jump in to investing after learning all I can and finding a great deal… what if I only have less than $1000 to my name… how do I creatively finance the deal, and cu...
Hello BiggerPockets community! My name is Sean and I live in Orange County, CA. I have invested in SFR in the past, but now I am interested in investing in multi-family properties in emerging markets.
Hi BP,
I'm a new investor in Albany, NY. Hoping to get some feedback on my strategy.
My plan is to save for one year (45K) to cover DP (5%), closing costs (12K), and emergency fund (6K); buy a fourplex in a class B ...
This might be a dumb question, but the thought occurred to me the other day... obviously when investing in a rental property you factor in expenses like CapEx, Repairs, Vacancy, Prop Management and others. Being someo...
As a newbie to real estate investing, I'm excited to embark on this journey of building passive wealth. I'm particularly interested in investing in single-family homes (SFHs) or multi-unit properties in emerging citie...
Hello Everyone,
So I’m about to close on my 4th property (3 duplexes, 1 SFH). Decent cashflow and I set aside a pretty significant amount for Capex/Repairs and don’t spend the cash flow (it sits in an emergency accou...
Good evening all,I am about to list my first property for rent in Temple, TX. It is a single family 3/2 built in 2020 that will be cash flowing roughly $500 a month after all expenses.I would like to invest this money...
I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.
Current Financial Situation:
Significant savings in 401(k...
Hey BP friends,I’m curious to hear how other investors approach emergency funds/cash reserves for their properties.I’ve been keeping individual cash reserves per door, but as my portfolio grows I’m having a harder tim...
Is it true that 6 months of mortgage payments is needed as an emergency fund before the closing of your loan on a multi-family property? If so, is there any way around this requirement? Is this requirement for every l...