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I have been looking at doing a value play on a multi family (20 - 50 units or so). First thing I would like to know is how much money do I realistically need to bring to the table? I hear that sellers often will take...
Help!I have a duplex under contract and we are in the inspection period now. The inspection period ends in a week and we already had an inspector come out to perform an inspection on both units. This is a foreclosed p...
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Dear BP community, this might sound like a bad joke but I'm honestly asking about how I could go about this, if there is indeed anything that I can do.Following simple situation: I found what looks like a great deal a...
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Hey fellow real estate investors!!I'm new to BiggerPockets. I've been listening to the podcast for a few years but just now joining the community. Disappointed I didn't get online and get active earlier!! I love how m...
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Obviously borrowing money increases you % returns cash on cash, but I have a couple rentals that are completely paid off and reading the forum is making me feel like I'm doing it wrong and should be refinancing and BR...
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Yup, you read that right. I am a bit late in writing this post by about 6 months but still wanted to share that I actually now have 2 rentals. You can read about my first deal here: Full time JOB, Full time Single MOM...
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I am in the process of talking to banks about taking out a HELOC or Home Equity Loan on my residence which I plan to use for a down payment on a first rental property. I am having trouble wrapping my head around a co...
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Hey BP, I am stoked to announce that my offer on my first deal has been accepted. It will be a SFR, house hacking deal in San Diego. My plan is to live in it for about a year, rent the (2) extra rooms out to help me ...
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Hi BP members, Glad to be here to learn from everyone. My background: own a single family home just for living in california, never have any experience as a landlord and dealing with renters.Deal: I found a multifamil...
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Hello so I just closed on my first property and thought I was educated with how hard money lenders works but seems I may have misunderstood. So I have a fully funded construction budget of 58k. But it sounds like I ha...