Mathieu White
First time buyer, should I go for seller finance?
Ive been pre approved for a 110k FHA loan, but I’ve found a underpriced, $170 k duplex in a hot area. To the direct west is the city’s biggest public park and highest home comps, $400k +. To the direct south is a bran...
Adrian L.
Stock Market, Interest Rates and REI
As a newbie eagerly looking for his first buy and hold multifamily property, I'm trying to evaluate the direction the market is heading and wanted to get your opinion. My concern is buying too high with a possible im...
Scott Hasselbach
National $15 Minimum Wage
Next week a new administration takes over the White House. The Biden administration has announced they plan to put a national $15 minimum wage in place. This will almost double the income of most of middle America whe...
Jay Ingram
Anyone with Experience Buying Farmland?
Does anyone have experience buying cropland? My wife and I are wanting to acquire land in the country that still produces income, but I have not found many current resources for evaluating land that you are not going ...
Amit G.
Cash flowing but very old multi-family (1900)
Am looking at this triplex which has a good positive cash flow and has a good rental record, with vacancy less than 5%. Its probably in B- neighborhood. I am estimating 10% cap rate, 5% repair and 10% PM costs and hav...
Scott Champion
I have $200,000.00 cash to invest.
I have $200,000.00 cash to invest. Considering all the factors in today's real estate market, how would you guys recommend investing this money?
Candace Price
How would you best use $2 million?
Hello, first time posting here.Would like to know what others have to say?I met with a local investor he said when he started, he had $5 million cash, he leveraged that and got $25 million. I didn’t get into deal how ...
James Baker
BRRRR Refinance vs. HELOC
Hello BP nation. Question for those with experience and or knowledge in the process of BRRRR. This might be a crazy question but is there a reason why people do not use a HELOC vs. a refinance during the BRRRR proce...
Eric O.
What to do with proceeds from sale?
We sold our former primary residence with the proceeds being tax free. I want to make sure I’m making the right investment with the proceeds. We own three condo rentals which are all financed on 10-yr loans. Very smal...
Jamie K.
HELOC for a down payment on my first rental?
Hello BP community! I finally have an accepted offer on my first rental property!! My question is: Should I use a heloc for the 20k down payment? I have approximately 100k of equity in my current home that I could tap...