Ashley Cao
HELOC for BRRRR Method
Hi fellow BP-ers!
I am a new investor looking to get your advice on my current situation:
*Paying mortgage on my residence that has about $250k in equity
*Not much cash on hand
*Interested in BRRRR method or flippi...
Mark Kao
Cash out or hold equity?
I recently completed the purchase of my 3rd sfh rental. As of now I have a total of 4 properties including my primary. I figure I have somewhere in the neighborhood of 1-1.2M in equity overall (300k equity in my prima...
Alex Baev
How did you buy YOUR OWN residence
What's your own primary residence story? How did you acquire it?
Did you buy it after you zoned on an investor-friendly area, or did you find a place you want to live first and then started investing in your backyard?...
Joseph Lin
Out of State Investor Looking to Connect and Learn the Market
Hi everyone,I'm looking to do my first BRRRR as an out of state investor in Pittsburgh. I just wanted to start this thread to network with others in the Pittsburgh market and get a feel for the area. In particular, I'...
Jessica Tucker Grubbs
Have equity in home count as part of down payment?
Appraisal= $258k/ purchase price = $230k/ Built-in Equity= $28,000/ Down payment cash $27,000.I have $27,000 cash to put into a down payment on the above home BUT, I need to use some (about $10,000) for a new roof/gut...
Raymond T.
Sell or continue to rent it out
Hello BP,Here's my current situation and I would like to hear your opinion on what would you do if you were me. My question is should I sell my rental in Riverside County or continue to rent it out when the current l...
Greg Larson
Good time for BRRRR?
Hey BP,I've been looking for small multifamily deals in my area but prices are way too high compared to the rent potential of the area. So, I've decided to look at doing a single family BRRRR instead.Question:With th...
Matthew Schellberg
Financing Advice - HELOC or Life Insurance Policy
Hi All,I am looking for second property (house hack) and wanted advice on financing options. I have ~$160k in equity for my out of state property with a great interest rate of (2.8%). I have ~$20k in cash to dedicat...
Lin Perez
Should I sell or rent this inherited property
Looking for some advice after doing some homework on my end. My mom recently passed away and I’ve inherited her townhome in Central New Jersey. She bought the unit at the height of the market in 2006 for $245k. She ow...
Daniel Yoo
Apartment Multi-Family Deal Analysis For You...
Ok here's the background info:
225 Unit - Class C Property in TX
$535 - 1 bedroom rent, 100 units
$710 - 2 bedroom rent, 125 units
Monthly/Annual Potential (Gross) Re...