Hi,Purchasing a 2 family home in Ny. Trying to figure what’s the best way of paying for it. I have the cash or should I open a heloc. My thinking is paying cash to save over 25 k in closing costs. Eventually opening a...

Hi BP, Curious as to what other members thoughts on this are:5 Unit PurchaseHas been vacant for 2 years so purchasing at 16% Cap Rate ($89,000)Have the option to purchase with bank financing :-5.77% -5/1 ARM w/ 20 yea...

Hi there,I'm in contact with a very motivated seller. I'm planning on making an offer on a 3 bed 3 bath townhouse in the East Bay, the market value of the townhouse is $370k. I will be giving the homeowner 2 options.F...

If I make a cash offer for an REO, does that prevent me from getting financing from a bank prior to closing?  Up until now I've always purchased with cash and then re-financed once my property is renovated and rented....

Hi BP! Say I have a property that's 100k (including all closing costs etc). Say I could comfortably purchase this property with cash only.I obviously don't want all my money to be tied down in this property, so I want...

I’m not sure if I am posting in the right category. I’m trying to find out if it makes sense to do a cash out finance on a fully paid seven unit multi family investment property. My thinking is with rates so low and v...

Your goals and story: Hey ya'll I'm a first time investor with a recent acquisition of a SFR.  I'd like to perform some BRRRR style cash purchases rinsing and repeating with a starting investment of $100k.  I'm 33 so ...

Hello All:  Just joined BP tonight and am excited to learn and contribute where I can.  I have a purchase agreement on a commercial condo with a closing date of July 31st.  The purchase price is $500K.  I have just en...

Hey all, I am thinking to cash offer for a property however I don’t want to have 100% equity and I rather have less equity but having more properties.so, my question is if I buy it with cash, can I finance it with a l...

I recently found a property that is up for auction and listed as "cash only" on Auction.com. The house is a solid house that has been foreclosed on and will likely sell for 80-120k (auction starting at 40k).Here are m...