Account Closed
advice needed: is this the right plan ?
hello,
i wanted to get some advice and see if i am on the right track here. My overall goal is to house hack a duplex or triplex and cash flow 200 per unit at a 7 to 10% COCR
i have around 40k to 150k to work with...
Orion Walker
I want to put 50k down on owner financed deal, but only have 20k, what should I do?
Hi Folks,As the title suggests, I'm looking at an owner finance deal (6 residential units plus 3 commercial spaces,485k asking price) and I think they'd consider an offer with 50k down. I have about 20k available at t...
Tara Menk
Appraiser can't appraise, now what???
I am buying a unique for sale by owner property. It was originally a church connected by a semi-underground tunnel to the rectory. It was then remodeled into a 3 story single family home connected by the tunnel to a d...
David Battle
Running Comps
How would you guys recommend obtaining accurate comps for a state like Kansas or Missouri if you don't have a realtor and redfin is not available?
Bryan Hancock
How Large Of A "Bet" (Investment) Are You Willing To Make?
This topic comes up frequently on BP and it is something I am currently wrestling with for some new projects I have found. What percentage of your net worth are you willing to risk on any given type or set of project...
Scott Trench
Interest Rates are NOT Going Back Down in 2023
Responses to a recent poll indicated a sentiment among the BP audience that suggests that members of this forum believe that rates are going to decline over the course of 2023.
I do not believe this, and want to mak...
Justin K.
Cash in Roth IRA and 401k
Can someone walk me through this and give me some guidance on the best way I can use my money instead of letting it sit in the stock market?Called my Edward Jones guy today and long story short told him I'm not invest...
Andrey Y.
What do you spend a month on food?
Inspired by this thread here: http://www.biggerpockets.com/forums/223/topics/152...I was just pondering what I personally spend a month on food..I looked at all my credit card purchases for food/snacks/drinks (only th...
Paul Bryzek
How to Cash out ReFi When you can't
Hi All,I have a couple of properties free and clear that I would like to do a cash out refinance on. The problem is that I did a "Short Pay" similar to a Short Sale but no deed transfer, and as a result I can qualify...
Gary Montgomery
Lending and the self employed
Hello BP community. Looking to pick your brain on this:As a rehabber, What are some good suggestions or ways to to secure a loan when you are self employed and don't have the 9-5 gig with salary? Thank you,Gary