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Hi All! I'm new here.We bought our first house less than a year ago - it wasn't appraised high though. I'm guessing because of the condition that it was in. I'm now interested in buying small single family homes in t...
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Happy day BP folks!
What's the best advice for a first-time real estate investor?
Let's hear those great ideas and experiences!
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I am looking at a SFD with existing renters of several years who want to stay. My prior limited experience with landlording is that securing and keeping stable tenants is the most important goal. I was wondering if t...
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Hello BiggerPockets,
I’m 24 and I’ve been actively investing for about 8 months now and I️ would say I️ have a high risk tolerance. I’ve be fortunate to have seen quite a bit in my first 8 months due to the fact that...
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There is always the debate which is the better direction. I see some borrowers handling both. Then some focusing on one or the other.Where do you think is the point when a borrower should consider to Model out of SFR ...
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Any lending program involving the transfer of title/ownership of your securities to any third party as a condition for funding, is by definition exceptionally risky and according to IRS rulings in 2010 and subsequent ...
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What areas do you guys see the most growth in NJ (which towns)? I feel as though NJ is a tough state to invest in, you really gotta put the time in to find deals, which is an exciting challenge. I’ve been keeping my ...
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Hi, I would like to know if anybody has been buying a Multifamily Apts using the BRRR strategy? If yes is this strategy better than using the traditional method of financing the deal with 70%LTV bank mortgage?Finally,...
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Hi allI’m what you’d define as a newbie whose looking to make his first purchase very soon. A key financial goal is to have positive cash flow. Do you recommend to go with a 15 or 30 year loan when running the number...
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I’m looking at a old 3 unit property. This will be my first rental investment. I’m considering opening up a heloc on my personal home to fund the deal and renovation. My biggest concern is the property was built in...