I bought a 3/2 SFH as a primary in 2015 for 136,000, the interest rate is 3.375% and it is on a 7/1ARM that is up for adjustment in May 2022. The value has grown to $200,000 so I have about 93K in equity right now.I w...
Hello Bigger Pockets!!!I live in South Florida where Single Family 3/2 homes are tough to find less than $250K. Based on that I am looking to acquire my first single family rental in another market for a price no more...
Here’s the short question: Should we buy 1-2 rental properties next year using a 25% down payment, or save/wait 24-36 months and begin a cycle of buy in cash and getting delayed financing.
Here’s the context: My wi...
Hey everyone. My wife and I have been prepairing to buy our first multifamily for the past couple years. We've read Brandons books multiple times plus dozens of others and feel that there's nothing left to do besides ...
I would like some opinions from experienced investors. I am ready to buy my 3rd rental property and curious about what you would do. I can't decide if I want to purchase a property in full with cash from savings or if...
Hello all! First of all I love this site and very thankful for the discussions, books, and podcasts that I have delved into this year. I am new to the game and trying to educate myself as much as possible this year.Q...
I am closing on a townhouse next month, and will be renting it out. All expenses a month equal $1400. I will be renting the unit for $1900 a month. Should I save all the cash flow and put down on another house, or pay...
I have been contributing to a Roth 401k at work. In order to get the full match I put in 6% to get a 4% match. It has built up to almost $9,000. I read Scott Trench's Set for Life for the second time the other day and...
Earlier this fall I purchased my first investment property with a partner @Josh McQueen, a 3-2 single family near Ft. Campbell, KY. Then spent a few weeks getting it ready to rent, and put it on the market. As of toda...
I am going to sell some property and am wrestling with whether to 1031 or take the tax hit and sit in the cash.
1031: Buy real estate now with tax deferred proceeds and cash flow now with 100% of the proceeds.But whe...