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Hey Everyone,New to BP and I'm excited to get started.I'm reading through the Beginners Guide right now and am curious to know the thought process behind determining a "good deal" within a buy and hold strategy? For e...
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Frankly, my impression of the appraisal process is this: they glance at some comps, instantly decide what they think the value is, then groom all the numbers to support what they decided, doctoring the drawing for sq ...
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Hi guys, I am new investor that has been following Bigger Pockets and everyone that is talking real estate investing for the past 2 years. With that said, just this past May 2022 I have finally closed on my first ren...
Hello,I am new on BP, but I have already learned a lot just from reading different things over the past couple of days. This website is a wealth of knowledge, and I really appreciate all of you who are willing to help...
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Hi BiggerPockets, I’m considering the purchase of a small 1,200 sqft home in the Memphis area on a HUD auction. I’ve done my numbers on the property and believe I could make this work as a BRRRR. The foreclosure ask p...
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*This link comes directly from our calculators, based on information input by the member who posted.I am looking at financing this using the BRRRR method, however I have...
We own an old home that was created into a triplex many years ago. It’s not separately metered for electric (needs major electrical upgrading to do so and will do in the future) and there’s only 1 furnace.Had intende...
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I am in the process of cash out refinancing one of my rental properties to complete the BRRRR method. The person doing my loan has offered me two choices:- 4.5% with 2 points or 4.875% with 1.375 pointsI have calculat...
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Hey guys I was looking into properties which are owned free and clear. I was wondering if I put in an offer and requested seller financing could I use a loan like FHA, Conventional, etc. for a down payment? For exampl...
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Looking for advice. I have $130k in an equity line of credit on my primary residence and about $20k in cash. I have a job and make pretty good money, but would eventually like to transition, to fully living off of ren...