Currently own two SFH that we purchase with cash (and some zero APR credit cards).In the process of getting them both mortgaged (conventional route). I'd like to hear different methods of financing. I want to have a b...
I am a first time investor in multi family. In the process of purchasing a multi family in Lowell, MA. The seller is financing at 15% down, 5% interest rate, 30 yrs amortization, 15 yr balloon payment. Due to this,...
Hello friends,Once again I am leaning on the experience of those on BP who have gone before me.I am working with a friend from the Netherlands who would like to purchase their first investment rental property in the U...
Always make sure you do a quick inspection right before the closing on any property you are buying. Here is why..I was scheduled to close at 9:30 today, went to the house and saw an active sewer leak in the basement....
Hello everyone, my name is Bree I am a new investor looking into get my first rental property and try the BRRR method what tips and advice does anyone have when getting your first rental property? Also, what is the pr...
Hi BPers,I'm still relatively new and could use some advice regarding getting properties under contract. To this point I've purchased 3 rentals using conventional financing and large down payments. My goal is to conti...
Hello everyone, When using the BRRRR strategy I always notice the refinance has many questions. A Home Equity Line of Credit seems to be the best option to use when refinancing a property using the BRRRR.
I took ou...
Just acquired a very underperforming self-storage facility in Los Angeles area. Rents are way below market. On average 40-50% below market. What's the best way to bring things up? All at once? In increments? And...
Last year I switched from the fix & flip method to buy & hold (specifically the BRRRR method thanks to the Bigger Pockets Podcast). I am now up to 5 rentals but most lenders are telling me that I will have iss...
I've heard investors are using the phrase "Vesting to be determined at close of escrow" on their wholesale contracts. The investor opens escrow and sells his/her buyer slot in the contract.
I'm looking for ad...