Investment Info:
Condo buy & hold investment.
Purchase price: $85,000
Cash invested: $1,200
Sale price: $111,000
Purchased as my primary residence, converted to rental, then sold recently aft...
I am a newbie in REI. I have always wanted to invest in it. I was hoping to start out by using my VA loan benefits to obtain a multi family property however I was informed that I would have to live physically in the h...
I'm looking at purchasing my first duplex for $120,000. I'm hearing in some markets getting $200 a unit is good cash flow. Is this still the case when the initial investment is $30,000? Does tying up $30,000+ to make ...
Hello BiggerPockets Community!Looking for some advice from you guys regarding an issue that I'm having.I was recently laid off from my job - which totally sucks, especially during the holidays - but I'm staying positi...
Hi everyone,I am new to the BP community, and looking to invest in NYC/NJ with 2 friends I grew up with and have been stuck in "analysis paralysis" while reading books, forums, and listening to the BP podcasts. We gr...
I found a deal on Tuesday and they are planning on closing Friday. I couldn’t find a lender to fund it in that short of a time frame, so I am having a relative pay it in full until the loan goes through. Can someone t...
How did you look for funds for your first project?
1. Do you prefer getting an LLC for your property or to use an Umbrella insurance? if either other then why? Which is normally cheaper? and which is the safer easier option in your opion?2. Do you think its smart to h...
Hi BP,My name is Richard and this is my first post here on BP! I have been on this real estate investment for a year now and have never been able to pull a move, I guess you can say i'm on my analysis paralysis phase....
Let's say I have LP investors and upon refinance I pay back their initial equity contribution. What equity amount is used to calculate returns sine you paid back their initial equity?