Account Closed
Should I put down an extra 5% in order to get a lower rate?
My lender provided me a rate of 6.375%. This is for a 20% downpayment. If I put down 25%, I can get the rate lowered to 5.75% (a decrease of 0.625%.This does raise my cash on cash return. Should I do the 20% or 25% do...
Al L.
Finding first property location
I am very new to real estate investing and BRRRR method. How did you all set about finding a target city to invest in? I am investing out of state because the entry point in california is just too high. Any input woul...
Greg Davis
New to BP, Real Estate, and Kansas City
Hi everyone,I am hitting the new member trifecta today. I am new to real estate investing, Biggerpockets, and Kansas City (I’ve been living here for over 4 hours now!) I’ve spent the past two years working as a struct...
Michael Sgandurra
My First Columbus Ohio Duplex BRRRR
Finally! After much anticipation, my first major renovation and long distance investment property is completed!
The Buy: In April of 2021, I embarked on a significant project to rehab a 100 year old duplex in my hom...
James Brown
How to Choose an Investor-Friendly Agent
The following was from a Q&A Panel Discussion that I was invited to sit on at our local Cash Flow Breakfast Club. I hope it helps both investors and agents understand how to find and create amazing relationships t...
Christopher Figueroa
Three Family Irvington New Jersey (Three unit NJ)
I'm new to BP and last week had my offer accepted on a 3-family house in Irvington, NJ. I I calculated a $4,800 monthly income (3/1,3/1,2/1) with $2934 in expenses (including P&I) and with a cash flow of $1864. ...
Gabriel Mauser
Garage vs. ADU Conversion
Hi BP San Diego. Thank you to everyone in the forums as I have learned a lot from reading all of your experiences and contributions! I am working on my first investment property in Bay Park and I was hoping to get the...
Steve Burt
Diligence on Newly Originated Notes
I had a question for the group. I am reviewing a note originated within the past 6 months so obviously there is little payment history to go off of. Would anyone have advice on how to diligence the note? I was wonderi...
Justin C.
First property: Owner occupied duplex, LOTS OF ???
Hey everyone,
My name is Justin, 26, and I just bought my first investment property in S. Florida. Obviously I'm a newbie to owning real estate as well as to BP so really just trying to set up a process that ...
Daniel Okon
New User: Excited to learn!
Hello, My name is Daniel and I am 24 years old and I am a project manager for a construction company in Minnesota. I just was able to do a job that increased my income from 65k last year to about 245k this year. This ...