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Hi everyone. Let me start off by stating my current situation: my current position at my company is stressful so I’m looking to move to a less expensive city so I can switch careers to something I’m more passionate a...
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My house hacking plan is to get a distressed MFH using a FHA 203k loan with about 3.5-5% down, and fix up the property to increase my equity. I will have enough reserves to cover the holding costs as well as some left...
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Hello All,My name is Makala and I am very eager to buy my first property. I have spent months trying to gather as much information as possible, but it seems as though the learning for Real Estate is never ending, whic...
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I'd like to dial in my execution of the BRRRR method. I've been flipping homes to create capital infusions, but that is only meant to be in service of purchasing more rentals at a faster pace without having to wait fo...
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Hello friends with bigger pockets,I am looking for feedback on the next step in my investment strategy and was hoping you could help. I am a young engineer who wants to be safe or smart with my money. Not afraid of do...
Is it common for closing costs to be paid by the seller or lumped into a FHA loan? I’m currently saving up for a 3.5% down payment on my first property sometime in early 2017, but believe additional costs will be prob...
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So I started working for a contracting company on the road. The job is only temporary but with this job I will be able to save around 15k in like 6 to 8 months. The job could last longer but it’s not guaranteed. I was...
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I am 20 years old and trying to learn as much as i can about real estate so that when i graduate college and have a steady income Ill be able to make smart investments hopefully leading to financial freedom. Now I am ...
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My offer was accepted on a beautiful quad last week. I’ve been house hacking 4 years which has allowed me to save 25% for the down payment. Cash flow on the quad is 800 a month if my numbers are correct. This property...
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Hello BP,
I just graduated with almost 85k in student loan debt. This is between my fiancée and I. Our household generates 95k in W2 income. Now that I have money coming in I’m not sure what is the best thing I shoul...