I would be grateful if anyone could shed light on the process hard money lenders typically go through to establish the after repair value of a property when ARV is the basis for the contemplated loan. How long a dili...
Hey BPers,
Newbie Brittney here, I have a quick question. I've recently decided that I want to get into REI and I want to get into the action ASAP. I wanna know how long did it take you to do your first deal? From th...
Im 36 Male I make $52,000 a year on my 9-5.
I own
3 Family 4/2/2 Purchased 2021 380k Currently worth 590k 2.9% Interest Cash flows $1,450 a month.
Equity: 250k
2 Family 3/2 Purchased 2023 475k Currently worth 600...
I was under contract for a property, and the financing fell through due to the property not meeting the lenders requirements and not being sufficient.
The seller is trying to keep the EMD as I have signed and request...
Hell BiggerPockets! New member here and this place has been a treasure trove of information. I am hoping you can help my wife and I.My wife and I are both new members to BiggerPockets. We've been researching invest...
Hey guys, just need some advice here. I'm in Charlotte, NC and have 6 total properties (1 is my primary.)The first one I bought is now worth about $240,000 with a little work, and I owe $130,000. My tenants in that ...
Hi! I am graduating in a few months from graduate school and as you can probably guess, I am graduating with a lot of student loan debt. My husband and I are very eager to dive into real estate investing ASAP, but we ...
Hey guys,I just like many of you have decided that cash flow is king. I am a noob invester who jumped in the game this past year with one rental unit which is working out great. I have a great full time job that can...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $280,000
Cash invested: $14,000
This is my first purchase!! I use a FHA loan with a wopping 3.25% interest r...
I was on the phone with an owner yesterday who is contemplating selling, but will need to bring at least $150,000 to closing, due to the fact that their property is currently worth somewhat less than what they paid in...