I have been addicted to this site for quite some time now. I've always been a reader my entire life but never much of a writer. As part of my New Years plan, I wanted to get more involved and actually give back to Big...
Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...
Much of the advice I read says the best way to start investing is to live in your first home so that you can go FHA, making it a little easier to get started (lower down payment).My situation is unique in that my boyf...
*** Disclaimer: I am not an accountant, lawyer, or financial advisor! You should consult with a qualified professional before acting on any of the opinions shared in this post!!! ***Self directed IRAs have become ver...
I have listened to every BP podcast and many of REI experts talk about the 65% (or slightly higher in some areas) of ARV formula for determining if a property can be a successful flip. My question is if people would ...
Hi All,
I just found biggerpockets a few days ago and figured I'd jump right in with an intro! I'm quite interested in real estate investing, and even though I think I know next to jack squat as a whole, my wife and...
I am a new agent that earned his license in March. Since then, I have had a few clients and submitted some offers too but the deals fell through due to unforeseen circumstances (Lack of funds, seller backing out, etc)...
I've been looking for my first rental property in Buffalo, NY area and using the rental property analysis tool from this site to do evaluations. I use estimates of 5% vacancy, 5% repair & maintenance and 10% cape...
Hey BP guys and gals!I've got a quandary which I'm sure many recent and not so recent college grads face. I'll quickly paint the scenario.I graduated from university just under 1 year ago. Upon graduation, I landed a ...