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Hi all,I am just getting started and am ready to get some properties under my belt. I am a little unsure of what direction I want to head. Could you please tell me the pro's and cons of flipping vs. renting? How to...
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I'm a low volume investor and used to buy, rehab and flip or buy, rehab and rent and sometimes flip after holding a few years.Now, I have flipped and acquired several properties from 2010 to 2018 and my margins were h...
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Hey guys, So I currently have 3 properties and I want to purchase another one but the issue is I’ve maxed out DTI. What other methods should I use to acquire another property? I’ve been thinking DSCR but don’t they t...
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I'm looking to acquire a turnkey property. The cash flow is about 500. However I don't have enough for the down payment. If I borrow private money for the down payment, how do I structure it so that I can still have...
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Hello, Bigger Pockets Community!My Name is Jacob, and I am 26 years old living in Chicago IL, (Portage Park Area) and one of those "Get's up at 4:00 am and Just Never Quits" kind of guy. Haha. and I did my first real-...
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I'm a buy and hold investor with 3 rentals currently which I bought cash and about to BRRRR them. Thinking of my next purchases, ideally I'd buy rentals using financing so I can increase my ROI and acquire more proper...
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If you had the option, would you inherit a tenant that is $500 (1 month's rent) behind on rent or would you have the seller evict the tenant prior to closing? Thanks in advance!!
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After a year of learning and hesitating I purchase my first home in July of 2014 using Seller Financing, in January 2015 I purchase a rental property in Norfolk using Seller Financing again. I just acquire another in ...
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Hi all, I'm thinking about getting into the STR market. Just wondering about how to acquire a STR loan. I'm assuming it will be a DCSR type loan. Is there anyone who could recommend a lender? I'm based out central Mas...
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Wanted to float some thoughts with you all, My home is currently valued at $220k, originally purchased for $155k fifteen years ago.I have enough cash on hand to pay off the remaining mortgage of $120k and have a paid ...