i currently owe more than my house is worth. i would like to refinance to lower my monthly payments. is there any way to do so? i bought for 6 years ago for 138k, owe 124k and house is worth about 120k maybe less. cur...
Hi Everyone,My husband and I close on our first investment property in 2 weeks!! Woohoo!I have 2 questions related to cash on cash return. I have zero background in finance or accounting (I majored in biology) so I ne...
Hi all. This is my first post here on BP. I've been interested in getting into investing in rental properties for a long time but have never taken concrete steps to do so. I've started to get that itch again and am...
Most international buyers are shocked as to how CHEAP it really is to buy and hold Australian residential real estate. Most investors are also shocked as to the long term capital appreciation achieved by investing in...
Greetings,I have worked with the same contractor completing 1 flip and on now on my 5th SFR rental. He is trustworthy and reliable. During one of the rehabs he mentioned he would be interested in partnering with me ...
I have a SFR deal where the seller wants $25k net after closing.I see my two options as:1. Get a loan & purchase price that nets the seller $25k. 2. Assume the loan & pay her $25k out of pocket.I like option 2...
Looking to implement the BRRRR strategy on my next investment. I am wondering can you do BRRRR with this kind of property that is currently occupied by tenants? Do you evict the current tenants and do the rehab and re...
Hi BP Community I am a newbie investor and trying to invest in the Mid West with the hope to generate positive cash flow. Since this is my first investment I am trying to play it a little safe. My concern is that I am...
Hello Bigger Pockets!My name is Nathan and I have just been introduced to the world or real estate investing. Bigger Pockets is an amazing resource and I can't wait to take advantage of all that it has to offer.From t...
I am looking at a 15 unit multi family. All units are 1/1 around 500 sqft. Income is 81,000 per year with expenses of 20,000 per year. Looking for insights on what to offer for a purchase price since this is an off ma...