Hi everyone, I'm in San Francisco Bay Area. I have $300k heloc from primary home. I want to better utilize this money. I have two ideas:1. improve investment property with $150k, then the cash flow will be increased b...
Hi everyone. I've been reading and listening to podcasts and hear about all these folks that build these huge portfolios within just a few years. What I can't make sense of though is how can one keep accumulating prop...
I have seen several different opinions on this matter but I wanted to get some up to date recommendations. I am working on acquiring and moving into my first househack (2-4 unit property) sometime within the next 3 mo...
HI BP,
Im sure this has been covered already but I am looking for some lenders in Ohio who would be willing to do a shorter seasoning period than 6 months on a BRRRR. The property in question is a 12 (possibly 13) u...
So here’s the breakdown. Let’s say I just bought 3 rental SFH properties this year cash flowing $500 each unit. That’s $1500 total per month in cash flow after paying all expenses, property Mgt, and mortgages etc.The ...
Lender is telling me we can get .5% rate reduction if we go with 25% down. This is a buy and hold long term investment (Joe Asamoah style) if everything breaks right. I'm unsure if it's more valuable to keep more of m...
What am I missing here?!!??! Where is everyone finding the cash for these 25% down payments on investment property? I live in Modesto, California and you can't find a run down shack for less then $180K.
My wife is ...
Hi BP
I am running through some scenarios for a first rental property which will be out of state using a PM.
The scenarios range from a couple hundred cash flow positive per month to a break even per month. I have ...
Investment Info:
Single-family residence note investment investment in Gloucester.
Purchase price: $560,000
Cash invested: $160,000
So we did not purchase the house but took over paying the bank note...
I have been coming to BP for a couple years now. I figured my first post should be the highlights of our last four years as RE investorsMy wife and I purchased our first home (an over under duplex) a couple months bef...