If you purchased a house cash for 20k, put 15k into rehab with an ARV of 75k would you BRRRR? Im wondering if having no loan on the property is worth more than smaller cash flow and potentially doing it all over again.
It seems most lenders are only providing 20-30 year amortized loans with either a 5,7, or 10 year balloon, and most of which have prepayment penalties. What is the exit strategy under these circumstances?
I ...
Hey ya'll! I just wanted to reach out to the local RE investors here in Dallas, Texas. I live in Richardson and would love the opportunity to get to know everyone and possibly shadow some of the local projects being d...
Hello, looking for guidance on my particular situation.I have a well done, fully remodelled home in Carlsbad, CA in a very desireable neighborhood. It was my primary residence before I took an overseas assignment and...
Anybody interested in putting solar on their rentals, just bought into a solar company and I think this may be a good move.
Is it possible to get a loans on a paid off investment property that does not have homeowners insurance?If it is, please name the lender that does it?thank you in advance for your answer
I'm trying to add another means to search for property besides driving the neighborhoods. Does anyone have experience with Listsource, or anything similar.I will be checking the MLS for my area in a few weeks once I g...
I am looking to purchase my first live-in flip in Houston, TX. I am looking for an REI-friendly financial planner. I would like suggestions on putting together a financial plan to increase passive income over the next...
Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...
Hello Everyone,I am an investor based out of the suburbs of Detroit and am looking forward to networking and meeting people on Bigger Pockets :).A little backstory: I am an engineer by training but now have a well pay...