I'm doing a cash out refi and the bank is asking me, "what am I doing with the funds', what is the right/wrong answer to this question?Obviously, they have never heard of BRRRR method. thanks in advance for any insight.
Hi-My wife and I are looking to buy our first property. I’m personally leaning towards a multi family home because I think it’s a great way to get started in real-estate while also having tenants pay for our mortgage....
Today is my last day of due diligence on my first flip property. My real estate agent referred me to an experienced GC. I like him and am confident he is reliable enough and would do good work, but I found out today...
I am about to close on my first duplex and will be living on one side (top) while renting out the other (bottom).Is there any reason to put the duplex in an LLC?Just have the rent made out to me and have a new checkin...
Hey everyone -
I work in Marketing for a real estate investment company here in San Diego. Our main focus is buying, fixing, and selling homes. My main priority is to generate direct seller leads and wor...
To all BP members,
Just wanted to know what experiences you have had regarding Life Insurance options, and what you are using concerning this "investment" method. I am in the military (notice photo:) and...
I list my properties in MLS and also do rental open houses 2x/week. I have a newer rental property that I rented out for the first time last year, in July, got it rented in 2 weeks for $1600. This year, listed it Au...
I believe I once read something to the effect of "if you close more than one out of ten offers, you're paying too much." It may have been one out of 30, but I'm curious if others feel that way today. With the books fr...
Obviously, there is no correct answer. Some investors have the freedom to start when they are in college/a young adult while others decide to invest closer to retirement. With that being said, at what age did YOU begi...
Hi everyone!
I just opened escrow on my first property! It's a 3 unit, single building home and I am super excited about it. It's an old 1910 California craftsman style home with 2700 sqft in a historic nei...