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Looking to get in to my first deal. Targeting a single family home requiring zero to minimal repairs to rent out. The goal of the property will be cash flow. My thought is to hit a 70% LTV (which makes my down payment...
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I have a duplex that I live in and rent the other side. I got in with a 3.5% FHA loan which has mortgage insurance on it. My loan balance is about $165,900 after 3 years. Market value is likely $210K. I just got an...
Hi everyone,
I am new to Bigger Pockets and I just started my investment journey a month back and I'm very much still in the educational/explorational phase.
I apologize in advance for the lengthy post but I really ...
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Hello,I just wanted to know which is the most preferable way to make mortgage payments on a 30 year mortgage loan, biweekly or monthly? I am currently making biweekly payments on my 30 year loan and planning to refina...
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Hello everyone, I'm trying to get a sense for just how valuable tax deferment through depreciation is to the multifamily passive investor. Suppose passive investor Isabel invests 100k in a syndication. The syndicat...
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Hi all, Like many of you I'm sure, I've come to this site with the aspirations of changing the long-term financial future for myself and my loved ones. Since deciding that I wanted to make REI part of my strategy for ...
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My name is Jake and I am looking to purchase my first house hack in a little under a year.
My situation: I graduated college in May 2024 and started a FT position at a public accounting firm in September. I am livin...
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Looking to buying a first investment property, and we were curious if it makes more sense to put in more money down for a lower interest rate or save that extra money to jump start the next investment property purchas...
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I have a SFR being managed by a property manager. It is currently rented out. I have about $5,000 in the property management account for "cash reserves". Six months PITI (principal, interest, taxes, and insurance) is ...
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I’m reading DGs BRRRR book, and I understand his position on why having 100% cash to purchase your BRRRR property is the way to go (so you can get as much as your money back as possible when you refi, compete against ...