Can someone explain to me the best use of an line of credit. I want to use it to acquire a rental. Fix the rental then refinance and pay off the line of credit. Does that make sense?. Will that work?

Hi, community!
I'm down to my 4th single-family deal, I am an out-of-state long-term investor and I'm still learning a lot. My last one is not turning out great. I take all this as a learning lesson on how to not do ...

This is an interesting topic. There's more to it but I think this hit's some highlights and raises good questions. Plan and Research Thoroughly: Start by creating a detailed plan that outlines the scope of work, desir...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $190,000

Cash invested: $1,700

Sale price: $215,000

Partner Driven, with Seth Choate, faced a challenge on Donn...

Hello Everyone,I made a rookie mistake and bought a property that smells like cigarette smoke. When i bought the property it was already painted and everyone involved in the deal made me believe that cigarette smoke ...

A renter in NYC (Brooklyn) was approved for a apt. Deposit of one months rent has been paid. Signing, first months rent along with half of the brokers fee was to be paid this past Tuesday. Tuesday morning she received...

Hi BP Community, I am looking to buy my first multi-family property (6+doors) and I am wondering if buying properties that are currently under construction is too risky?  How are the risks different from buying existi...

I’m finding a lot of good deals in single family homes. The prices of the houses are between 20k and 40k and repairs are between 20k to 30k depending of the size and conditions of each house. My cash won’t support to ...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $50,000

Sale price: $120,000

3 family house built in late 1800's. Renovated a couple apartments and made so...

Hey BP,
I am new to real estate and am in need of some advice from those who have been around the black. I have been searching for my first investment property, I have a few options picked out and am getting ready to...