My wife and I are not regular investors. We decided three years ago to sell the home we lived in for 18yrs (refinanced a couple of times so not much equity), but enough equity to purchase a condo at a good price. It w...
Sorry A newbie question is it better to have a rental property paid off making $800 after taxes and insurance or to borrow against that house to buy another house so after mortgage payment you would make let's say $30...
Here is the question of the day, do I spend my $70k from my solo 401K and purchase a house at auction or do I leverage that money and purchase say a 4 unit with a mortgage? If I can buy the house at auction with no m...
I brought a Condo in Coral Gables on an auction. I am trying to figure out a way to leverage it in order to get a line of credit. The title is currently held by my corporation. SHould I change the title to be in my...
Hi Everyone!I am a new member and so glad to have found biggerpockets. I have been a podcast listener with the likes of Lifestyle Unlimited, Epic Real Estate Investing, REIclub etc. Although I like the information t...
Hi there BP community!I am a public educator turned software engineer/real estate investor currently living in Oakland, CA.I am an owner-occupant of a duplex in north Oakland where I've accumulated a good amount of eq...
We have some investors are looking to go in this Multi-family deal with us. 20 units for 2M and each of them would put $50-100k. Has anyone used OPM for down payments (20%) before? How do you guys structure the partne...
A theme I heard several times at the conference was the notion that some very successful landlords did not ever wish to pay off their mortgages on their rental properties.
Rich Weese also touched on his strategy of b...
Hey guys and gals. I’m 24 just started investing in RE a year ago.
I have 4 properties.
1 is break even
1 has $300 cash flow
1 has $500 cash flow
1 is going through eviction
I have about $330,000 in debt. And $1...
Has anyone ever turned your raw land into an equity position in a development deal? I have been buying carefully selected plots of residential land with the intent to sell off to developers of multifamily and condo/to...