Has anyone used the velocity banking method? If so how did it work for you?
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Hi all!! My husband and I just had an offer accepted for our first Multi-Family in Rochester, NY. It is a two unit (2 bed, 1 bath each side) we are planning to live in one side. The other is currently rented (lease en...
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Hi BP! I'm looking to purchase my very first commercial property. (Yikes!) It is an old daycare building that hasn't been in about 10 years. The broker says the owner is willing to owner finance. The price is $250k fo...
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I have accumulated savings and I am ready to invest. I want to buy 3 sell 2 hold 1 or use the brrr strategy but I cant help but feel the market is overpriced and at a peak. My concerns are that my investment is going ...
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I'm considering making an offer on a 36-unit multi-family property. I have a potential private lender, but I need to determine if this is a viable investment opportunity and explore the best financing options
I have saved some money over time and i started looking for my first purchase in san diego. It's to expensive and i feel like i would get tied down for a while with the mortgage. Condos Appreciate maybe 4-8% a year. I...
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Hey everyone! I just secured my 2nd STR and in May entered year 2 of my STR journey. The 2 properties combined should do about 95k in rev next year on about 3.7k in monthly payments ($370k and $260k purchase prices re...
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I plan to build a portfolio in cities near Royal Oak Michigan for cash flow and equity with a buy and hold strategy focused on small multifamily units. I work as an engineer with a stable salary and I am planning to f...
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I bought four more houses last year. I was going to buy 2 more this year but 6% rates for an investment property make that cash flow negative and not worth it.That said, what to do with cash on hand? 1.2 mil liquid. P...
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I'm looking to purchase my second property in the next (2-6)months. I have about (100K) in equity in my current home, and I was looking to use this for my down payment. I was going to use a HELOC, because I did not wa...