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Hello,Is it possible to purchase a vacant lot with hard money? There is a buildable lot that sits behind one of my homes and there is a small chance the owners may sell it to me. If it's possible to purchase the lot w...
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We are starting our journey as a real estate investor and I am curious what the more experienced investors think of attempting the BRRRR strategy during this time. Do you foresee difficulties currently or 6 months fro...
Can someone please explain to me how refinancing allows one to “cash out” on a property? Having not yet owned my own home (and therefore having never had a mortgage) for some reason I can’t wrap my head around the val...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Dothan.
Purchase price: $135,000
Cash invested: $27,000
This is a four unit that needs some work. I will be reinvesting th...
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Good day BiggerPockets Fam! I'm needing some advice! I just bought my first investment property and hungry for more. I'm wanting to refi my primary residence to pull cash out and buy more investment property. If I do ...
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Investment Info:
Single-family residence buy & hold investment in Harmony.
Purchase price: $317,000
Cash invested: $96,000
I bought this home right before the real estate crash as my primary resi...
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I am a part time investor that just moved to Wisconsin for my career and I was looking to refinance my properties in Tx., it appears that I went about this in a way, that has cause me more challenges that I wanted. No...
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Greetings BP members,I'm looking to sell 2 properties and obtain a 2nd mortgage on a SFH. Here is the breakdown in a nutshell:1 out of town SFH rental, used to be my primary. 1 out of town Quad-plex, investment prope...
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Hi everyone, I'm currently under contract for 2 SFR units on 1 deed in Norman, Oklahoma and would value your advice as their are a few elements that are new for me. Analysis snap shot below. Typically we are focused ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $302,500
Cash invested: $18,500
Contributors:
Ashish Acharya
Bought this triplex with an...