Hi BP Community!!I finally found the right place to post this....I'm working on a deal right now in Memphis, TN and I was wanting to get some opinions on this. The property is in Memphis in Hickory Hill, 38115 and for...

Hello Bigger Pockets! Live overseas and shall be transitioning in the very near future to Kitsap County, Washington. Our intent is to purchase a property with the ability to house hack. Objective one, find a rockstar ...

Part 1Hey BP Community,I wanted to take some time and share this project that literally would not have happened without Bigger Pockets.  Thank you again @Joshua Dorkin for taking the risk to start this. Many of you ha...

Hey guys and gals!Before I get to my actual post, let me just say this..First and foremost, I'm pumped! Pumped about the future and what it WILL hold. Pumped about the big juicy problems I am currently dealing with (d...

Thought I would check in again, it's been a few months since someone asked this question. Of my 2, one is pretty full, but it has a nearby attraction that supports it. The other is just dead. One booking next week, bu...

Hi All!My husband and I just purchased our first out of state rental property from a turnkey co in Indianapolis. The management co they use is Oceanpoint Investments LLC. Has anyone had any experience working with thi...

Hi-My wife and I are looking to buy our first property. I’m personally leaning towards a multi family home because I think it’s a great way to get started in real-estate while also having tenants pay for our mortgage....

Hey guys,
I am looking at buying my first investment property. Here are the numbers:

Asking 160k, but I plan to offer much less
Units are 2/1’s, rent for $595 each
Built 1984
Tenants pay utilities

Income: $595 x 4...

My question is about the 20% down for obtaining my second investment property. I have the cash, but I don't believe it to be wise to put down 20% if I am purchasing a property that already has 20% equity.

My current...