After listening to the BP podcasts, I finally jumped in to purchase my first property with a partner from another state. I found a contractor through a friend's reference and went straight with him. That was mistake n...
Building a duplex and applying for a construction loan. We own the land free and clear. We will be using the land as collateral for down payment on construction loan. The cost to build is about $180k and the land is v...
I am looking to purchase my first buy & hold property as a cash buyer. Once I purchase a property and it is cash flowing, what is the amount of time that I have to wait to refinance so I can pull my cash out?
Call me crazy, but I think it's worth it. I drained my seed capital and found myself draining my 401K to finish out my last unit. It seems cheaper than some of the crazy fees I'd pay on hard money. Are there other opt...
Hey guys,I've been trying to pull the trigger with purchasing my first investment property in NJ. I have ran hundreds of properties numbers within the past 6 months to a year.Do any of you have properties in NJ ? How ...
So if I pull permits and my work passes inspection, is there going to be an issue I’m not aware of? I know ur supposed to live there a year if you sign the homeowner thing, but ur allowed to pull for contractors also....
I'm talking about buying with cash, pulling out cash from one house to purchase the next vs cash for down payment and getting traditional loan. Sounds like BRRR, but isn't. Hard to put my question into words. Why do t...
All,I came across an opportunity that has the following numbers. I am trying to figure out if I should pull the trigger.Neighborhood: C+/CAsking Price: $40,000Monthly Rent: $800Last year's taxes was $851Annual NOI: $...
I'm a contractor and currently building two houses on two lots that I own outright. The goal is to keep these for rentals.
I currently own the land personally and am funding the builds with a combination of HELOC and...
Hey guys! I have a 4 unit currently. 2 vacant units I'm rehabbing and the other 2 I inherited tenants on.Went there yesterday to work and a neighbor told me one of my tenants was pulled out on a stretcher with EMS and...