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I have a bit of a situation with timing.I have a good deal baking in the oven, it's moving fast and needs to close quick.I had intended to create a solo-401k plan for a purchase, but I have been dragging my feet on se...
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Hey all! I'm in the process of finding my first deal! I'm likely planning to use a HELOC for the down payment. I've looked at probably 20 or more properties and when I calculate the HELOC payments into my numbers most...
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I rewrote this a few times I know its a handful, thanks for looking. Feel free to shoot holes in it.Got a q for you BP. I am doing a 1031. I have a CPA and a QI. I understand that advice here is not professional, even...
Have 100k cash and need a plan . Advice ?!?!
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Just got an accepted offer on a quad. Seller won’t budge on price and it will be tight for cash flow. Is it smart to take out a 40 year loan to get some cash flow?
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Hi everyone,
There so many formulas / equations when it comes to buy an income property, such as cash on cash return, cap rate, debt coverage ratio, break even ratio, gross rent multiplier, price per unit, p...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $480,000
Cash invested: $24,000
Purchased using a 5% down conventional loan. I bought this home and lived in it w...
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Hey BiggerPockets fam!As a new investor, I have just about a million questions to ask about just about anything at this point. So, before I dive into my plan as far as REI is concerned, I think it's best to give a lit...
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Hey all,I feel like I'm in a bit of a stand still. No video or google search is giving me the right direction I'm looking for.I just started getting into buying rental properties December of 2021. I currently own thre...
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Hey everyone,I am considering putting in my first offer on my first property wanted to get everyone's thoughts. This is a duplex in a very desired area of South Jersey with easy train access to Philadelphia. The dup...