Hi BiggerPockets community!My husband and I are considering our first commercial property (1129 Pearl Street, Denver CO 80203). It's listed at $1,170,000. To meet an estimated 358k downpayment, we would pull $243k out...
Hello! Would you use equity in one of your homes as a cash out refi to obtain cash to purchase another investment? I am hesitant but I have $300k in equity and I would like to put it to use to work for me. Thoughts?
We own 15 acres zoned R-5 in Snohomish County, WA. Our home/business is on about ~5 acres and the rest is cleared and flat with road access and electric already in. We were going to sell 5 acres to a neighbor to dev...
I have one side of a duplex that I rent out. I used to live there personally until I moved to a single family home about a year ago. My problem is that I have some debt that is making my financial situation very tight...
Hello BP,I have been attending the weekly sheriff's sale in Detroit (Wayne County, MI) to learn the ropes and recently saw two properties I was interested in have their deeds called, but there were no investors who wa...
I will try to make this as short and sweet as possible. A little background to help you understand my current position.I left my full time job about a year and a half ago to pursue a masters degree. I am currently enr...
Hi all,I'm a mid-20s guy looking to diversify into real estate. Right now I have about 125k invested in vanguard with about 80k of that liquid (taxable mutual funds), and about 10k in a plain checking account. I've be...
I just turned 21 and I am looking to start my journey in real estate investing early. I currently work as a property manager and live at home as I go through school, I have a strong income for my age ( I make about $2...
Just looking for some feedback on rules of thumb for annual rent increases. Is 2-3% fair?
Hey guysI'm wondering if there is a way I can increase my efficiency or improve my money management system the way it is. For those of you that have full-time jobs (non-real estate) and do this on the side - how are y...