Eugene Ricks
Screwed on 1st BRRRR
HelloJust completed my first BRRRR and got screwed.I acquired a HELCO on my 1st Rental property for $72,000 @ 8.5% then purchased a triplex for $43,000, rehabbed using $24,000. Total invested $67,000. I used the sa...
Nate Carlson
Should I pay off my mortgage?
We have a mortgage of $280,000 at 6.5%. I have the cash to pay off the house right now, and still would have about $40k left as an emergency fund.Should I pay off the house, invest 50% and only pay off $140k of it, or...
Muhammad Elzeibagh
Beginner - Found good deal then what?
Good evening, So I am new to RE. I am only 19 years of age and still in school planning on majoring in accounting and finance. As still being 19 my credit is still establishing but making sure I pay everything on time...
Rick Reeder
Help parents via seller finance?
Hey BP community. My parents are retired and on a fixed income. They have a small mortgage on their home that is worth about $225K. I’m looking for a creative way to provide them with some cash flow, maybe via seller...
Mike Selander
New to BiggerPockets & Real Estae Investing
I am new to real estate investing and got interested in it when I considered buying a home to rent and later occupy in Coeur d'Alene, ID. We were going to buy a house to rent until we moved there and occupy while we l...
Ryan Toth
Creating value from land for investors while developing
Hello Everyone,First post here so excuse my novice understanding of RE basics. A year ago, I had a vision for a motorsport facility which has gained significant traction and support from a number of high profile motor...
Jerry Finzi
Buy next door house as short sale using After Repair Value?
This is the situation. My wife and I would like to purchase the house next door to ours--an 1865 brick two family--an exact twin to ours (ours was converted to a large one family years ago).
It was last purchased in ...
Obadiah Roszman
A Seasoning work-around?
My Situation:
I purchased a duplex with a business credit line and will be paying for the rehab costs from my business account. (Technically I contracted my company to do the work, a theme for another discussion.) W...
Chad Hutchens
Approved HELOC.... Now What?
BP Team - My Wife and I are new to the RE investing market and have been doing our research, reading articles, analyzing deals, etc. Figured there would be great success stories and the unfortunate fails that we coul...
Donald DiBuono
Mobile Home Park Development
Hi,Brand new Mobile Home Park investor! I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have t...