Mark Neiger
Analysis please: 8 unit building
Looking to make my first offer on a multi. This is an 8 unit, C-D class, concrete block in Florida. Half the tenants are section 8. Five tenants have been there for 10 or more years. One tenant has been there for 23. ...
Account Closed
First REI deal looked promising but rehab costs keep growing
Calling out to all investors...How many of you thought you had at least a base hit on your first property and then, in the end it turned out to bite you (financially speaking). I am in the process of buying a foreclo...
Kyle Ransom
AIRbnb For Multifamily
I recently had a chat with the Director Of Multi-Family Prooject with Airbnb and they are reaching out to Multi-Family Investors to offer a program to help implement short-term rentals for their properties. I have tal...
Derek Persuit
Many Retail Stores Closing! What Happens Next?
We're beginning to hear from all over that retail stores are closing and at a very high rate. Amazon and online shopping alike has made it convenient and easy for us to do a one stop shop for things from groceries to ...
Jacob Prelle
How to invest in apts without a high income?
I make 150K a year right now but I work 2,000 miles away from home and from my wife. I'm miserable. So in 6 months, I'm taking a job back home making 100K a year.Can I realistically buy an apt building (as many doors ...
Steve Englehart
Cashing out IRA to buy rental properties.
I currently have two long term rentals and am looking into buying into the short term rental arena. I know there are penalties and tax implications but wanted some advice on cashing out Roth IRA or IRA to buy investm...
Roberto Westerband
First Lien HELOC Strategy
What does the BP community think about 1st lien HELOCs as a way to free up equity in your primary home for investment purposes? If anyone has gone through the process, can you give any advice as to whether you recomme...
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If you could borrow at 2%?
If you were able to choose from a range of investment mortgages... from those that are currently available in your local market and one that is available to you at 2%, which would you choose?
Ben S.
$100,000 unsecured personal loan with SoFi
I hadn't thought this was that exciting, but recently told a hard money lender about it, and he was shocked at the deal I got, so figured I would share it. SoFi (Social Finance) gave me a $100,000 unsecured personal l...
Account Closed
Why Brethren of the Buy & Beholders Church want to burn a heretic
Buy and Hold is promoted by most property investors as the Holy Grail. How can so many people with money be so wrong?Although many created their investment capital by wholesaling houses they now choose to become inves...