Is it okay to invest in single family LTR deals that break even? (Rent pays all your mortgage and expenses). I’m investing in newer constructions in a class A/B area and with current rates I can only collect rent to ...
Hi Folks!New to real estate investing. My lender told me that the rates changed again this morning (80 basis points), so looking for recommendations here on which option is more sensible - using HELOC to buy all cash ...
I bought a house with cash from pulling a heloc on my home, off market, unappraised (deal was a no brainer in a great part of town.) My original plan was to update and flip it , pay off the heloc and use the profits t...
I just picked up my 2nd SFR in Tacoma, WA and am working on rehabbing it, hoping to be done by the end of November. I realize that this isn't the best time of year to find renters and wonder if people have an opinion ...
We were all set to close on the sale of my flip until my buyers lender decided they needed a few more conditions cleared: It is a high interest (8%) jumbo loan with 10% and low 600 credit (640 maybe?). They have been...
Hello BP!!! I am currently conflicted on a current situation. I am in the process of rehabbing a rental property and although this situation is currently moving along smoothly, I am at a dilemma if I should focus all ...
The DealJust got our hands on a 3 bed 2 bath home with 1650 SqFt in a good family area, centrally located in Tucson.How We Got ItThis property was listed on the MLS and had fallen out of contract 3 times. The bank tha...
There’s a lot to this story but for simplicity sake, let’s start here. A claims adjuster said , from their inspection of the home, that some of the attic insulation is of mineral fiber and likely asbestos. There are n...
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*This link comes directly from our calculators, based on information input by the member who posted.Three house dealTwo houses are rented and occupied by decent tenants, the third house n...
Hello BiggerPockets Community,My name is Patrick and I would like to introduce myself to yall and post my first question!I am a new Real Estate investor who is looking to buy multifamily houses in the Western New York...