I am in the very beginning stages of my RE investment journey. After having acquired rental number one, I'm relatively cash poor. The money I borrowed to rehab the rental will be paid off in about a month and I will b...
I'm new, have yet to do a deal, been studying the BRRRR strategy and have a newbie question: Why must I wait 1 year to refinance? Once the house is rehab'd, why can't I refinance right away? Does it make a differenc...
Hello everyone, I am an aspiring real estate investor and would appreciate some help from you guys.I am 20 years old and have had a regular upbringing in a normal family, but through e-commerce made over 2 million dol...
Tonight we passed on our first multi-family investment. The numbers look solid but after visiting the site, there are some obvious reasons why this wouldn't make a great "House Hacking" property. My wife is used to ou...
I'll be closing on my 6-plex in the next couple of weeks, so I'm starting to plan out my remodel for the 2 vacant/semi-gutted units. I need to do flooring, cabinets, bathroom, wall repair and paint. My goal for this p...
Syndications and passive investing are frequent topics of discussion in the forums. Over lunch yesterday I was discussing with a friend how the business has evolved in recent years. The conversation began after we co...
Hello BPer's,I have been door knocking pre-forclosures for a few months now with little success. I have been able to speak with a few residents, but only one homeowner who was not interested in selling.My approach is...
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
Anyone have any thoughts on this?
My 2 favorites I know of:
-PayPal'ing the cash to myself (3% fee). Although they've given me a slap on the wrist for this.
-Amazon WebPay'ing the cash to...