Hello my name is Justin Reyes and I’m 30 years old. I been working for a company for only 3 years and have about $30k vested in my 401k. I want to take it out and buy my first property to possibly hack or 1031 exchang...
Hi everyone - first post here after visiting and reading the forum for several years. Looking for advice on a deal I'm already in on. I'll try to be as concise as possible.
Loan is in the State of Texas. 1...
Hello BP! Im having some trouble with House Hacking here in Orange County. I am currently looking for a duplex, and have been pre-approved for $250,000. However there is no Duplex for that amount of money anywhere in ...
Hello everyone,
I feel that I’m ready to invest in my first house hacking rental property (2-4 units); I have the $ for a down payment, closing costs, and am going to be using the 203k loan fo...
I posted on the multi-family forum a month or so ago regarding the multi-family 50+ unit market heating up. We've lost out on many offers from buildings ranging from 20-150 units. I've been mainly focused on Cinc...
Hello BP members,I need your help analyzing this deal. I have a feeling what you'll tell me but I just need to hear it so I can walk away from it. It will be my first deal. I've been looking into MF 2-4 units but ...
I'm not sure if everyone is on Twitter or Facebook, but there's been a pretty noticeable movement (usually among among millenials / Gen Z) to bash Airbnb / short term rentals. Everything from "creeper" landlords, to "...
After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...
I currently own (no mortgage) two homes and I am living in one and renting the other. I am looking to purchase another investment home for income purposes and I do have the cash to purchase one property outright. I a...
I am in the process of renovating a rental property and I need to replace eight windows upstairs and one window in the basement.I have contacted four contractors to come on Monday and Tuesday to provide a price for in...