Hi BPers, I was at my local REIA meeting last night and we got on the topic of creative financing. Someone brought up a concept I had never heard of before, 7702 plan. The way it was described is this is an insuranc...
I'm in a Hot Market with high prices where Cash Flowing properties are rare (Montreal, Canada)
Would you be willing to take a deal with negative cash flow for the first 5 years (2-5K $ per year) if it offers:
Apprec...
I found a two family turnkey in NJ. The seller has it listed for much more than a reasonable market price. Turns out they bought it in 2007 (Ouch!) as a owner occupied residence with 5% down... They now live out of st...
I'm looking to hone in on a market for my first out-of-state property and wanted to get your opinion - what are the pros/cons of building a portfolio of properties in the same market vs diversifying by purchasing prop...
I have looked into many passive Real Estate investment tools like REITs, eREITs, etc. with companies like Fundrise, RealtyMogul, etc. but am finding a few major problems with them:I have a few questions regarding inve...
Economic Update
(August 3-7, 2020)
It’s 2020; a crazy C-R-A-Z-Y year. We are in the land ...
Investors should be focusing on appreciation and not cash flow with rentals in this shifting market...
Hi,I want to get into the bigger multi families. I am located in northwest Chicago. I currently own a single family. Was planning to get a 2-4 unit to ease into it but if I see a good deal on a 5+. I want to be prepa...
I am looking at getting in to the housing market simply because I foresee inflation and would like to not get left behind. f.o.m.o? possibly. I currently own a home worth about 400,000$ that I owe 80k on so I have app...
So the wife and I are looking at getting into rentals, and we have a few options. Right now we're looking at a VA Cash Out Refi which would give us about $50k to put down on a vacation rental in the mountains. These...