Steve Abitbol
For my Lender experts. Looking for hep and recommendations.
Hello BiggerPocket world,
I am going to dig right in.
I am currently in the process of refinancing a home that I own in Phoenix/Arcadia area. I have owned the home for little over a year, and currently have a VA l...
Will Pritchett
Refinance for cash flow?
I have a rental that was bought as my residence about twelve years ago. Cash flow neutral after expenses. Value about 165,000.00 Purchased at 130,000. Owe 90,000. Will be paid off in 15 years as it stands. Tryi...
John Dersoe
Buy Rental Property Cash Or Have Mortgage?
If you guys had 300k to invest, would you put 80-100k down on 3 properties each making 500-800 after the mtg and expenses OR on one solid 250-280k property with no mortgage and make +/-2000 after expenses? Does mortga...
Matthew Gilbert
Buying First Property
Hi All,My Name is Matt Gilbert. I've been a member of bigger pockets for a few years now. I have a goal of buying at least one property this year. I'd like it to be a multifamily as I have the capital and the return...
Corey Collins
Almost ready to purchase first BRRR property!
Hi all,I’m putting some final touches on my plans to purchase my first BRRR property. I wanted to cover a couple aspects and see if anyone can help tie up loose ends. Most of my misunderstanding/questions pertain to f...
Kevin D
Q: Likelihood of Com. REI w/o good credit?? ie IRS tax liens
I'm new. I want to be optimistic but realistic. What is the likelihood of breaking into Com. REI w/bad credit... ie IRS tax liens?
Said another way, what % of deals that ARE DEALS will I be able to find that won't...
Colbi Ight
6 Plex new build project
I am in the process of buying land outside of a major Texas city. I plan on building multiple 6 plexes on the property but I am running into a few problems. First, after doing some research I am noticing a that the id...
Aaron Williamson
2-4 multi family in brooklyn, new investor
Hi,i'm in NYC and completely new to multi family investing. I have however worked for clients that have successfully bought and renovated multi family houses in the Brooklyn area. I've definitely been on the wrong sid...
James Quinn
Are my calculations correct?? ROI and cash flow seems too high
Hello everyone, thanks to the help of all of you, i have begun practicing finding properties in my area and running the numbers on the cash flow, ROI, etc. I found 2 multi-family properties and i'll use one as an exam...
Robert Burns
What Should I Offer?
I'm working on a wholesaling deal and trying to determine a good offer.
Overview:
- Multiunit property (1) 2 br/1ba house (3) garage apts
- All leased for 1 year total rent/mo = $2650
- Owner pays utilities = $700...