Closed on 2 fixed rate loans, to purchase 3 units.The numbers:Property A) 1300 sq’ brick, 3/1.5, SFR, rents for $875 per month.Property B) 2150 sq’ brick 3/1 & 2/1 Duplex, rents for $1075 per monthAsking price=$12...
I owe 274k on my property getting appraised in the next couple weeks, sometime. The exact same floorplan just sold for 360k down the street. I'm thinking around 350k is what mine will appraise for. With that being abo...
Is it a better option to use a HELOC or home equity loan to finance the down payment on your next property? What are the pros and cons of each?
Folks-A few weeks ago, I gook out a HELOC against my primary residence to use to buy investment properties. I initially intended to use it to do the BRRRR strategy and repeat this process every 6 months or so. Being...
Hi everyone,I'm a full-time rehab investor out of Hillsborough, NH.Mostly buy and hold; mostly single family.I'm here to learn from others and share my own knowledge and experiences.I'm currently looking to find some ...
I picked up a house in Sep. for 577k with an ARV of 800-810k. I took hard money, note of 522k. Paid for the down and renovations out of my pocket ~57k+130k. Selling will make a little money, but it’s not a ton. The h...
Hi, fellow STR investors
I have a question on systemizing the ordering, distributing and monitoring cleaning and kitchen supplies for STR operation and would love to hear your inputs:
As my portfolio increases, I st...
Hello, I'm brand new to bigger pockets. So this question question has most likely been answered already. But here goes! My wife and I are considering buying a duplex. Built in 2004. We plan to use an FHA loan and 3.5%...
Hi everyone,Writing in to get some advice on how to proceed with my first rental property. I purchased the property in mid-April and I’ll be done with the renovation after this weekend. I don’t believe that I got the ...
We needed cash flow fast, to pay our bills, since my husband 'medicalled out' of his airline flying career. We had enough money in savings to buy five rental properties in two years and so we paid cash for all of t...