Brett Hearn
Termites found in the inspection during closing
Hi everyone,So kind of bad news on this deal I have under contract. I am doing a BRRRR on a SFH for $77k. Anyway everything checks out but Termite report says "evidence of termites". The seller has agreed to pay fo...
Ricardo Becerra
Interest rate vs PMI
Hello guys.. so I have a quick question. Your help and guidance is greatly appreciated. SO... I am looking at doing a new construction loan. I have 3 options. 1. Freddie Mac, 10% down 90% loan. and i can pay 2.00% (5,...
Menachem Krasnjanski
Buying a motel at a sheriff's auction
I'm trying to figure out if it makes sense to buy the following property. It's a 2 star motel in a midsize city in the Midwest with more than 100 rooms on over 2 acres of land. It's being sold at a sheriff's auction a...
David McCormick
Dispelling the myth of positive cash flow in Chapel Hill, NC
Hello all,I have a son attending the University of North Carolina at Chapel Hill and another in high school that also wants to go there, so naturally I'd like to set them up in a 2- to 4-plex off-campus. Nothing too u...
Joshua Silver
Tricky Question About Equity Lenders With 0% Interest
Hi, everyone. I got a mailer recently from a company (that I don't want to be accused of promoting) which offers to give you an equity loan with zero percent interest and no monthly payments. I was dubious to say the ...
Trevor Riley
Deal Finding - what makes it so hard?
We here at BiggerPockets have heard for years, even before interest rates went up, that deal finding is a top challenge. This is despite the existence of listing platforms, off-market deal finding tools, and even ou...
Adam Boniface
Is now the right time to buy my first investment?
Hello Everyone,I am a first-time home buyer looking to make an investment in Indianapolis. I am looking to house hack with a duplex/SFR with an in-law suite or BRRR a low-priced SFR since I am limited in my budget (ro...
Eric C.
re. question on if this I made a mistake on this purchase
Hello everyone
I am a complete newbie at this and I wanted to see if I made a mistake on this deal . I just bought a single family home in the Sac area recently but the rent I am getting each month does not cover the...
Neerav Patel
Tell the Naysayers 1% rule does exists
Investment Info:
Single-family residence buy & hold investment in Eagleville.
Purchase price: $139,000
This was our second foreclosure property. It had a standing water in basement hence was not sel...
Caleb Rowe
Appreciation or Cash Flow???
Hey everyone,
I live in Phoenix, AZ and have 2 properties there that are appreciating like crazy!! I want to get into multi family but that is difficult in the Phoenix Metro area due to the ballooning prices. My ques...