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Good morning BP world! I have a quick question for the financing gurus on the site. I am brand new to the RE investing business and just about to begin the plunge, head first into flipping here in Atlanta. I am in a u...
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Hello BP community! Just wanted to reach out to see what everyone thinks about using leverage in today’s current market vs buying properties outright and potentially waiting until interest rates drop in the future in ...
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Hello Everyone,I recently closed on a HELOC for $63k and I'm looking to purchase a multi-family property. My question is would it be better to use the LOC for a down payment or should I pay all cash if the CoCROI is h...
I purchased my condo 2 years ago for cash ($490k, approx current value $550k) and it is my primary residence. It's in a killer location and the other units in the 12-unit building are always full rented or owner dwell...
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I'm going to be selling some land that I own w/o a mortgage and will be doing a 1031 exchange with the proceeds. Am I allowed to finance another property with the proceeds? For example, my proceeds will be about $20...
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Hi BP Community,I come with another question- though I caution this will probably sound stupid. I have a personal line of credit and I'm looking at buying another property. I only have a couple thousand dollars in cas...
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Hello everybody - quick question - Which is better to buy to start off: a foreclosure, a rental, or just find a home you like and buy it outright?
I started out investing in real estate a little over 2 years ago as a way to diversify my portfolio. I am still rather young (26), but have found real estate investing much more exciting/lucrative than other investmen...
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My question is would you rather own the home or property outright with No mortgage or would you rather have a mortgage
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I have a lead on a seller who has 4 homes in decent areas. They are rented conservatively but he is asking retail. I explained that his asking prices were simply unrealistic and that in order to purchase them he would...