Jason Malabute
business plan cash buyer
I will be a cash buyer in 2019. I have to make sure I succeed in acquiring my first rental property.I want to dedicate the next one year and three months to studying the real estate investing craft to make sure I don'...
Account Closed
401k Funds to Invest
So I've come across a partner who's okay with tapping into some of his 401k to invest in real estate. However we've come across a small problem. He wanted to put down payments on 4 houses but we're only allowed to acc...
Andrew D.
Streamlining retiring from day job at 40.
I've been investing in the Cedar Rapids, IA area for about 8 years now but only really stepped up my game 4 years ago. After the addition of a child to our family during an almost year layoff I realized I needed to k...
Yair Tapia
Paying off your mortgage on a property...
Hello BP'ers. My name is Yair and I was listening to a podcast and the guest said that they NEVER pay off a mortgage on a property. Can you share the pro's and con's to doing this? I thought that was the goal so that ...
Kyle Mitchell
Did we hit our business plan?
What metrics do you use to determine if you have fully executed your business plan when exiting a syndication? IRR, Cash on Cash, equity multiple, sales price per door? Or all of the above? I am in a situation curr...
Wayne Emminizer
Should we get a HELOC or refinance our rental property?
Morning folks. I am new to Bigger Pockets but have loved every bit I have seem and learned so far. Figured it was time to tap into the great wealth of knowledge here to get everyone's thoughts on an area that we are...
Mohammed Hossain
How to receive investment for a real estate deal?
Hello,I am currently working on a deal that will allow me to build a 20 unit condo in Queens,NY. The owner of the property wants to build on it and the current house is paid off; I am only trying to get financing for...
Joshua W.
Buying my first rental after getting out of debt.
I plan on being debt free except for the mortgage on my house within the next 18-24 months. At that point I planned on spending 2 years saving up 50k for my first real estate investment property. My goal is to find ...
Jaylen Jones
First time investor looking for Multi unit properties.
Good morning everyone,
I am a first time investor in the Chicago area looking to find a muli unit property and fill it up with some tenants. I am 22 years old and I drive trucks for a living right now. I want to get ...
David L.
Given equal numbers, would HELOC vs Cash Out Refi be the same?
So, here's what I mean:For simplicity sake, lets say both a HELOC and Cash-Out Refi have the same rate and I'm ignoring any closing costs. If I paid the same amount of money in the same amount of time, would either o...