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I will be attempting to acquire my first rental property in the next month or so in the Houston area. I have been listening to the Podcasts and I believe I will try to use an investor to assist in buying the property ...
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I have about 300k in equity in my single family home that I have never tapped into. I want to access this equity to invest into getting a second property. With interest rates on the rise I’m trying to decide if a Helo...
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Where are some of the best STR markets for a beginner? Are there still areas where the covenants are more lenient?
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I am purchasing an 8 unit residential building for $725,000. Instead of putting down 25% I am having the lender cross-collateralize for an equivalent amount on another property that I own free and clear.
The terms a...
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Hello everyone, I am curious if anyone has had recent success with midterm rentals utilizing the BRRRR method, and if so, would you be kind enough share some of the details.Thank you so much!
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Hi!I am in the process of buying a triplex that, according to the current owners, cash flows nicely at 2% (rare for this area!). However, two of the units pay under market rents and the tenants in those units are ver...
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New tenants who have already made a deposit and signed a contract are now asking if we'll be flexible if they lose their jobs in this new COVID-19 environment. My first thought is that they can sell their contract, b...
Our current Citibank pays 0.12% interest on savings in the money market savings account.Time to move cash out of that bank.Where do you think is the best place to park cash and earn more %. 100K for about 1 year.
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Long post, BLUF: New to REI; looking to build relationships in Kentuckiana.Hi everyone, my name is Adam and I’m new to Bigger Pockets. I’ve been reading the forums and listening to podcasts for months, but this is my ...
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Hi all. Here is my current situation
Property 1: A recently purchased SFH in Raleigh. I put 20% down and have a 4.62% mortgage on the other 80%. The property cash flows $200/month. I have $4,000 in reserves for v...