OK! So i would like to purchase a three unit home in brooklyn NY - my first investment property - I was told by a broker that i would have a very tough time getting a residential loan as i already have a home. this ...
Hi BP!Been lurking for the last year and wanted to finally post with some knowledge after reading some books and following the podcast and forums. I spoke with my mom and she wants advice on what the best option to ge...
Hello, total newbie here so please forgive me if I have some dumb questions.My wife and I are finally ready to Jo into investing. We are debating whether to get into long-term multifamily rentals in the future, and do...
Google the foreclosure implications of being a debt-holder in second position, and you'll find a bunch of articles explaining that if the house sells for less than what is owed, the person in second position gets scre...
Wondering if anyone has a good resource for a HELOC. We were just approved by our bank after over 3 months of a process that was difficult for all. During the process, I asked several times what the terms of the HELOC...
What’s the “right” way to build your real estate portfolio? Once you’ve taken down your first rental property, should you focus on paying it off? Or should you buy more properties, even if it means taking on even more...
Investment Info:
Single-family residence buy & hold investment in Columbus.
Purchase price: $202,000
Cash invested: $7,000
Sale price: $251,000
Buy, (light) Renovation, Rent (Airbnb and STR),...
Someone recently reached out asking for advice on how to proceed with the purchase and renovation of a property. This particular investor was interested in using the BRRRR method to build a portfolio of single family ...
Hey bigger pockets! I have been an "investor-in-training" for almost a year now, which I am sure could just be a nice way to say that I have not pulled the trigger on buying real estate. Nonetheless, I have been liste...
Hello All,I've been listening to the podcasts and reading the blogs and forum posts for a few months and finally decided to introduce myself. My name is Sekyu, I am an engineer currently living Phoenix AZ, looking to ...