I understand that if you buy a property in cash, rehab it, and then take out a loan against the property, you take more money back out because of the greater value of the property after rehab. Is it not possible to ta...
Hello there. I have sold a vacation property of mine in Southern California, it was bought in cash almost 10 years ago. It was a property I haven’t been using much for the last 3 years. I live in a neighboring state n...
I'm 23 years old, I've recently purchased my first house in Brookhaven, Pennsylvania when the market was right. I paid $110,000 it's 3 bedrooms, one bath, I've done some minor cosmetics to get it to where it's livable...
Hello Bigger Pockets!
I'm hoping to tap into the wealth of knowledge here on BP regarding a 4 unit building I purchased in 2020 with a 3.5% down FHA loan. Overall, the experience has been great and I've officially b...
Good evening,Hello fellow investors hope all is well, I am currently working in closing on my first rental property which I am planning on using the BRRRR/house hacking strategy for it( the property has a basement uni...
What are your thoughts on building a new Triplex? Most houses are selling over 120 a square foot where I live. If I do an owner build and build new I can bring that number down to 85 a square foot (according to my arc...
The current lease will end in about a month. So I start looking for potential tenants. Most of the inquiries expect to take a tour at the house. Given the existing unique situation of the COVID19 outbreak in NJ and un...
So I landed a great deal, and actually this is my first under contract!I've worked out the numbers a hundred times, and know it's an easy 14% ROI with minimal work. However, the first investor I had in mind for this ...
I have two homes in a beat-up sand state market that I own outright. I am looking to sell both but things are slow. The combined value is $450k. Would you reccommend/consider an OWC or sell outright? If OWC, what is %...
Investment Info:
Single-family residence wholesale investment in Greeley.
Purchase price: $145,000
Cash invested: $10,000
Sale price: $210,000
Original exit strategy was to rehab this property, b...