Alex Moore
High Appraisal on BRRRRR - To flip or not to flip?
My real estate partner and I just completed our first BRRRRR. Bought the property for 83k, put in 37k, found a renter for $1350/month, and appraised for 180k. Sounds like a huge win (which it is) but the high appraisa...
Cody Collins
How would you invest?
I currently own and live in my current property. After selling my very first home in northern Colorado, I realized real estate is going to be my ticket to financial freedom. So, my current scenario I have about $100k ...
Andre Whitmire
Beginner Start up
Hello,My name is Andre and I'm new to bigger pockets. I've started my own LLC and wanted to ask about getting started. Can anyone propose the best course of action to get things rolling? I'd love to get started on a p...
Kevin Childers
Living rent free, very little debt, what next?
I am living rent free, have a SFR that is currently leased that cash flows with about 30K in equity and around 20K in savings. I also save the profit from my house every month to reinvest in real estate at some point....
Tony Iaconelli
Sell my house or refi and rent
So I’m unsure of what I should do moving forward and am looking for some advice. I apologize in advance for the long post.Currently in the process of purchasing a small multi family (2-4) units using a VA loan. I own ...
Shannon Vistisen
HELOC or Cashout Refi?
I’m looking to purchase my first property this year. I was leaning towards a cashout refi due to the locked in interest rate. But am now wondering if a HELOC would be the better option. How much ch does the interest r...
Jon Wright
Closed on my second rental today and did my taxes
Closed on my second rental property today! Very excited to get it up and running and find a tenant. Not quite hitting the 2% rule but over 1.5 so I'm pleased. Also did my taxes today and was able to use tips from BP o...
Jude Cineas
Breakdown of BRRRR Method
Here is a breakdown of each step in the BRRRR method:
Buy: Find a distressed property that is priced below market value. This could be a property that needs significant repairs or one that has been on the market for ...
Ben Einspahr
House hacking a small multifamily- Financing options
Key Points
-Duplex- FHA=3.5% down. Conventional= 15% down minimum
-3-4 Units- Must be FHA and pass the self-sufficiency test
-VA Loan- Zero down for 1-4 units!
Action
-Connect with an investor friendly lend...
Siyavash Fooladian
Help with Deal Analysis
Hi,I'm a rookie and I've been doing a lot of reading to get educated. I live in CA and am looking at out of state investing. I would appreciate help in a deal analysis. I found a duplex (each unit is 2/1, ~600SF) that...