Bradley Shuhart
How much negative cash flow is too much
I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
N/A N/A
Just can't get off the dime
Have been looking at a few properties but haven't been able to make the leap yet. Hard to part with money in the bank and get into another mortgage.
That said, our position is good. Plenty of cash - I have around...
Amanda Sutherlin
Full time JOB, Full time Single MOM.....and now Full time LANDLADY!
Bought my first deal and now its rented! I have a full time JOB, I'm a very busy single mom and now I'm a full time LandLady :) Here are the #'s:Purchase Price: $78,900Down Payment: $7890Repair Costs: $1200PITI: $585R...
Antonio Bodley
Is $1400.00 a month enough money to........?
Live on? If I only bring home $700 every two weeks to pay monthly debts that are more than what I earn monthly, can I afford to get my own place to stay? I have loads of debt and I know my current debts and the debts ...
Sandra Holt
Just Bought Rental #2!
I am fairly new to BP but just wanted to share that my offer on investment property number 2 was just accepted today! I haven't closed yet and I know I'm counting my chickens too soon, but I'm excited to have jumped ...
Angela Persico
Inexperienced landord, in over my head
This is my first time being a landlord and it's safe to say I'm not very good at it (yet). I came across Bigger Pockets a few months ago and am now seriously considering pursuing REI, but realize I need to change how ...
Mitchlyn D.
Duplex under contact but pitbulls next door. Should I be worried
So I have a duplex under contract
- In a C - area, - All Brick exterior, - Cpvc updated, - Electrical looks good, -Both AC are 8 years of age, - Roof looks good, - Tile floors, - Rent should be around $1200 gross mon...
Jen L.
If everyone is waiting for a recession, will there be deals?
Hi all,
It seems to me that everyone I've talked to is waiting for the bubble to burst. Investors, people who are trying to buy their first home or people who want to trade up but can't right now.
If the market drop ...
Reid Simonton
Lender won't allow transfer of ownership to LLC
Hi all,
This is my first post on BP - I looked around for similar questions/answers and couldn't find a good match so I figured I'd go ahead and post; hopefully this is the correct forum for my question. First, a li...
Christopher Mooney
HELOC - Most Important Things To Consider?
Hi all,I'm just starting to research getting a HELOC on my primary residence to use for capital for BRRRR projects. What are some things you wish you knew before using a HELOC for BRRRR? What are the most important th...