Luke M.
A house saved and turned into a cash flowing property.
Investment Info:
Single-family residence buy & hold investment in Albert Lea.
Purchase price: $1
Cash invested: $45,000
A single family home that hadn't been lived in for over a decade! (I think...
Ian Lord
Where to save money for a future all cash purchase
My wife and I are interested in purchasing rental properties on a buy-and-hold basis when we settle down in Northern California in about 9-10 years. She is currently a medical student and obligated to serve 8 years in...
Account Closed
Debt Pay Down vs. Save Cash Flow for more Property
Hey Everyone,I'm having an internal debate and would love some feedback on which strategy is better.I own one duplex. Option 1: Do I take all of my excess cash flow (which I don't need) and pay down the debt as fast a...
Loid Danga
Best strategy with $150k cash plus $50k/year savings rate
Hi BP family,I am a brand new member of the BP platform. Accidentally stumbling upon BP is the greatest find of 2020 for me! I would appreciate your views on how one can start and scale their portfolio given the foll...
Priscilla Davenport
Should I buy more properties or starting saving my cash?
Im a single parent and investor with 4 rental properties. Three have been paid off in the last few years and the last payment on the 4th home will be February 2017. House #1 appraises at $94,000 with $1,000 rent, #2 $...
Paul C.
Save some funds from cash out refinance for large repairs?
I’m not new to BiggerPockets, but new to investing and being active on the forums (mainly a lurker), and I’m changing that today.I was able to purchase a SFR back in 2019, and the property has been able to build up so...
Jimmy Rojas
Anyone saving liquid cash to invest once the crash comes
Im located in Phoenix, AZ and saving liquid cash to be ready once the crash comes, back in 2010 purchased a 1 acre property with a 4 bed room home (livable) in Phoenix, AZ for $50k out the door.
Ford Wagner
Where do you store cash while saving for a property?
I'm currently saving up for my first investment property. For the last year or so I've just been using a savings account to store cash. Are there any other areas I can invest this money or store it that will provide a...
Kathleen Rogers
Could REPS make tax savings more valuable than cash flow?
My husband works for a commercial developer (W-2) and is a small owner (K1) so our understanding is that he qualifies for REPS. We're looking at buying an STR to self-manage but with rates and prices where they are, t...
Cyrus Khan
Leverage existing properties or save cash to buy multifamily unit
Hi everyone,
Needed some advice on how best to raise capital to buy a multifamily unit. I currently own 2 townhouses each worth about 250k-260k each. Both have conventional 15 year mortgages on them at 2.75 and 3.75 p...