Hello BPI am trying to get started buying multifamily properties in Chicago surrounding areas. My wife and I have no problem house hacking but ideally, wait one year for personal reasons to go that route. We have a SF...
Can I calculate this each month just once a year? Is the income based on gross or net profit?
Hey BPers!
I'm buying my first property a 6 unit apartment building in cash.I don't want to keep my money tied up and want to cash out re-finance.I'm hoping to have your opinions on these questions:-How long do you t...
First time home buyer. Trying to get good deal. Was thinking of buying home at auction(with help of some agent).Talked to an agent and he said he helps people bid on short sales.
He said the banks are not willing to...
I want to start wholesaling, but I don't have too much money for marketing. I have a little background in internet marketing, so I built a squeeze page for Cash buyers and advertised on craigslist. I do not yet have r...
Hello I'm a young real estate investor and I'm torn between selling my portfolio of 11 townhomes or Refinancing them to save monthly. When I purchased these I agreed to pay a higher interest rate just to get in the in...
Hey everyone! I wasn't sure where to post this questions so, since it has to do with startign out a bit I placed the question there.Bascially, I have tried to do some quick searches on this question, but I haven't co...
I know its just a rule of thumb but in my area out of over 50 houses I have looked at 1 of them meet the 1% rule... 99.99% of the houses are selling for 110k-120k and doing 900-1k in rent monthly. I am starting to get...
Can anyone provide any guidance on calculating the cash-on-cash for a BRRRR? If the property generates no cash flow until after the refinance, is it correct to use the 'Cash-out-Refi Amount' as essentially the cash i...
3 hacks I used to grow my profit from roughly $6,000 per deal to $20,000 per deal in the same markets over the past few years.
Reverse Bandit Signs
So you just bought a house and you are trying to figure out how to...