Hello everyone,I am new to real estate investment and live in the northeastern United States (New York). Property prices are very high in this region, and it seems unlikely that rental properties will generate positiv...
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So, my wife and I purchased our first investment property in May of 2017 (a 4plex) in Jefferson, La (outsIde of New Orleans). We comepletely renovated one unit and moved into that one unit. We've increased rents on 2...
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I'm getting back into lending and I've had a recent offer for a loan as a second lien position. From what I remember, you want to be in a first lien position. I prefer that to be the situation as I'm just getting back...
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We are in escrow on a fourplex that comes with an additional 4800 sq ft two story warehouse. It shares a well/septic with the fourplex and we're actively looking for something to do with it. This property is located a...
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So I'm about to write an offer for a prospective deal, and I'm pretty sure I've buffered enough renovation costs for the amount I'm offering. However, I'm concerned about the costs I may incur during the due diligienc...
Hi, Guys. I have a question for any attorneys & mortgage gurus out there, that might be able to help :) Recently... I obtained financing for a project and noticed an interesting clause at closing. Basically, it sa...
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Hello Houston locals! I’m looking for feedback regarding how I can better structure this deal to make it cash flow or not lose money every month without too many sacrifices. My partner owns a property free and clear ...
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First of all, thank you so much to BiggerPockets! And thanks in advance if you're reading this post and also providing me with your inputs/guidance. I am feeling overwhelmed at the moment so I am hoping for some advic...
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Hello everyone!
I am considering using a HELOC for a down payment on my first investment and I wanted to get everyone’s opinion on this strategy and if it’s a good strategy or not? Thank you!
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Hi Bigger Pockets community,First a little bit about myself, my name is Jubal Noel, I’ve recently graduated college with an electrical engineering degree. I started my first job this past June and have been (mostly) s...