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What about buying a cheap piece of land for around $15000 in a good neighborhood, and building a house on it? Is this considered a variation of BRRR and advisable in terms of building equity and wealth and perhaps fo...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $86,000
Cash invested: $103,500
Purchased and rehabbed for income this property nets $926 After insurance, Taxes, a...
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Please explain how this works. Im looking to take out a heloc on my first first property and use it as a down payment on a rental property. What i dont understand and need help breaking down is im told to refinance th...
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I decided 7 months ago that real estate investing was a good investment choice. Purchased the first buy/hold property in August that needed work - it became clear that because of the ARV that I should flip it instead...
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I own 2 properties and building a 3rd property which will be our primary home.
If I wanted to purchase my 4th home, could I finance it through a FHA loan with paying 3% vs 20% --usually investors have to pay?
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So I've been listening to several Bigger Pockets podcast on the BRRRR strategy and I think I understand for the most part, except for one aspect I'm still having trouble wrapping my head around. After borrowing money...
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Hello BP! My name is Ethan and I purchased a 3 family house hack last year in MA. I wish I had known about BP before I bought the property because there are few things I would've done differently, but that's hindsight...
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I'm going to start out this by saying I am new and curious so I haven't dug too deep into this subject yet. When doing a Brrrr, I am confused on how you pay back your lenders after you refinance. If I borrow money and...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,500,000
Cash invested: $200,000
3 family house hack. 10% down, spent 50k in light renovations
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Hey all! I am still learning and trying to figure out the best way to finance buy and holds and eventually flips. I love bigger pockets and how much I have been able to learn from others. Something that I see a lot is...