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Hello BP family! I’m a newbie to the real estate game. I located in Fayetteville, NC and I’m interested in getting started. I have a hustler spirit and I’m very resilient! I’m looking for a mentor in my area. I’m also...
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When purchasing investment properties I've found lenders will allow 80% and in some cases 85% loan on the purchase price. I'm closing on one next week using 80% loan. My next property I'm hoping to do a BRRRR - purc...
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Now that the interest on a HELOC isn't deductible on a primary anymore, I was wondering if it could be deducted as a rental expense if used as a down payment? I'm about to make an offer on a single family home using f...
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Hi, Someone on a what's up real estate group said he has $250,000 to $500,000 to invest for min 7% return, need to do it by end of December. I was wondering how would I help this fellow and at the same time help mysel...
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Hello all fellow RE enthusiasts,Asking for some advice. Wondering if any of you have experience, specifically in AL (reason why I am posting this here), adding units/apartments successfully to existing structures or b...
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Hi everyone! I'm wondering your thoughts on taking out an RRSP loan for the purchase of my first property. I currently do not have enough saved for the down payment on the house I want, a multi family dwelling. I'm wo...
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Hi all,
Being in NYC, it is tough trying to get into real estate profitably. Is anyone landlording in Newark, NJ?
Thanks
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Hello everyone, I’m 22 years old and I own 1 rental property that is pretty major cash flow. I struck gold on a house in a college town. The home cost 153k and I put a 30k down payment. My payment is around 650 a mont...
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Hello, I was wondering what is the best beginner friendly to start off with? A single family home, or a duplex? It seems a single family home would be better tenant wise, but it’s not cashflow. It seems there are a lo...
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Hey there everyone! I'm a newbie to real estate investing and I have been stuck in analysis paralysis. I've been trying to gain as much knowledge as I can before pulling the trigger on a property. I live in CA and I'm...