Hey guys! Looking for advice on a good problem. My wife and I are talking to a lender for an addition to our primary home; we're adding a 3 stall garage with a MIL suite above it that we intend to rent out along with ...
If you borrow from a hard money lender. Use the funds to buy and rehab a multi family property. Rent it out and then approach a bank for a cash out refi to pay the HML, won’t the loan that you have with HML show up an...
HiI own 1 rental. It is cash positive, though only about $200/month. A realtor recently gave me a rough appraisal about $120k more than I paid for it. My wife and I both have a decent amount of student loans left to p...
So I am new to the forum, just made my first investment property purchase last week and bought a house for $25,000 cash. 3 Bedroom, 2 bath, attached garage on slab with fenced in back yard and shed. Comps in the are...
Hi Bigger Pockets,I recently graduate university with a finance degree. Got a J.O.B. and saved a couple grand, so now I need to move out of the nest egg. I've always been interested in investing in real estate. I'm lo...
Hello Bigger Pockets community! So I'm still brand new to REI and just finished reading Set for Life and am now finishing rich dad poor dad and also just started finding and finding great deals. So I've made the decis...
Space is about 800 square feet, duplex up from the second floor. It has already been dormered and ceilings/walls insulated. Two stair cases already in place. Would need to add a few walls to create 2 bedrooms and buil...
What are your goals for real estate investing for 2024?I'll start! I'd like to buy 2-5 BRRRR properties in Louisville or San Antonio, do 1-2 flips for extra capital and buy 2 mobile home parks in the Midwest or Texas....
Hi BP - In two weeks I am doing my first purchase and repair in a very nice neighborhood in Blue Springs, MO (an "A" neighborhood in Kansas City).
It is a 5-plex with 4 studios and 1 one-bedroom.
I have only ever d...
Hi All!I purchased a duplex for $340k w/ 5% down on a 30 yr-FHA @ 2.75% w/ $21k all in. I currently cash flow $265/mo (10.6% coc). PMI is $213/mo. This is a house hack, so next yr cash flow $640/mo for a 25% return. T...