Leslie Heimer
Getting into REI: Renting Out Currently Owned Home?
I am new to real estate, my only experience being buying my first home (3 bed, 1.5 bath) in Portland, OR in 2016. I'd like to get into real estate small time REI to supplement my full time work. We recently moved out ...
Jason Hill
BRRRR or Sell that is the question - Deal analysis help
You can read all the blogs and listen to all the podcasts but, until the rubber meets the road you'll never have all those theories tested. That's where I am now and I have no clue what to do. I think I'm stuck in a...
Carter Henderson
Advice on purchase/deal structuring
Hi BP Community,I have a friend with an amazing multi-family property (I used to live in one apartment and can attest to the quality) in a great location that is continuing to boom as tech companies move in and has gr...
Cehunt Duong
Cash Flowing Properties in Toronto
Hello Bigger Pockets!I am new to BP (this is my first post by the way!) and fairly new to Real Estate as well. I purchased my first income property in east end of Toronto in the summer of 2014. A semi-detached house b...
Jason B.
Textbook "Subject To" Deal With Lease/Option Exit
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $63,500
Cash invested: $4,000
Sale price: $84,000
We bought this property "subject to" the existing mortgage an...
Jordan Decuir
Loan Assumption Tactics & Strategies?
Apparently ~60-65% of existing homeowners’ outstanding mortgage loans carry a rate at or below 4%. With new mortgage rates averaging above 7% per the Mortgage Bankers Association, I’d think that there should be opport...
Scott S.
HELOC or Cash Out Refi. BRRRR Questions
Maybe this question belongs on the BRRRR forum. In any case, I'm asking about financing AND BRRRR so I guess it could go in either place. I have a rental unit (3BR/2BA) that I planned on doing a BRRRR with. I got i...
Chris Matthews
Deal structure advice
Good afternoon all,I am working on a deal and I am not sure my client can be helped. Long story short, dad died in April, Mom is getting put in assisted living, unbeknownst to the kids the parents took out a reverse m...
Nathan Buss
New PMI Rate for FHA loans
Hi all,For those who have not seen the news on this FHA is reducing the PMI rate from 1.35 to 0.85%! This is a significant savings and could mean the difference from cash flowing and not.
Elda Asheley
Is It possible to use my land as leverage?
Hi, I am researching ways to potentially invest in real estate with the assets available to me. What are ways that I could use land that I own to help me secure financing on a project? Is this common?