Analyzing a deal that I initially have $200 cash flow on with the BRRRR Calculator then with the REFI section I calculate a higher interest rate so then my cash flow drops down to $56. What do investors typically look...
I have a property in Copperhill TN that is $300,000. I have analyzed this property over 50 times and the numbers work with an almost 14% cash on cash return. It would also cash flow over $600/month. I want to take act...
I have a single family house that I’ve been house-hacking by renting out 3 of the bedrooms. I’m looking to purchase my second property (hopefully a duplex) and believe using a home equity loan is the best way to tap i...
Hey Bigger Pockets community. I am new to real estate and looking for advice.
I'm renting my first home and the tennants are moving out. My realtor suggested selling as the property has appreciated well. I'm consider...
I'm new to real estate investment and have spoken to a few lenders. I had thought that I should send applications to quite a few to get the best rates/offers, but one lender told me I should just pick 1 or 2 and apply...
I have a question for you. In the example: $200K purchase price, 20% ($40K) down. Say I get a private lender to loan me the $40K for a down payment for the mortgage. how would a loan officer take this....?
Hello BP family!My husband and I are purchasing a pre foreclosed townhouse condo this week! This is our first real estate purchase. The purchase price is 140k, the appraised value is about 185k. We plan on doing some ...
I inherited a property this year and it is paid off. NOT interested in selling it. Any advice or recommendations on how to raise capital in order to fix it and rent it with no money down? Can I open a HELOC to fix the...
Hello,I bought a small house for $35,000 last Nov (2022). The house needs to be remodeled and once it’s completed, the ARV will be $198,000 per appraisal last week. I’m using my HELOC from my first home to fund the...
I currently own two rental properties. I also own an unrelated business that is an LLC Partnership made up of four partners. The partnership would like to go in with me on my next rental property purchase. I feel like...