Hi guys,I'm a new investor. I currently own a single family rental which has approximately $100K in equity. What is the best way to go about leveraging this home equity to purchase my next investment propery, a duplex?
im buying 3-4 unit multi family and commercial but having to pit 25-30% down makes it harder to buy more per year. The numbers are still cash flow positive with less down but banks want at least 25% down. My question ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $218,000
Cash invested: $12,000
Sale price: $270,000
This has been a live in flip for my wife and I leveraging ...
some people say to leverage your money most as possible but other people argue it’s to risky, I get they can be both right in some cases but, what would be a good strategy for just starting out? How much should you pu...
Where are the BP members who have leveraged their good credit to invest in real estate? How's it going? What are the challenges?
Reading J Scott's post here got me thinking a bit deeper about when and when not to leverage.
It's particularly relevant to me currently as I am currently self employed, so stuck with interest rates in the 6.1-6.6% ...
As I am a new investor, I was wondering the difference between doing a Grant Cardone style approach and constantly leveraging your debt so that it is always growing versus leveraging your debt to buy but than using ex...
So I’m saving up to buy my first rental in 2020. I have a wife and a kid on the way, and I’m a newbie. I’m currently writing down sort of a 5-year rental property plan, and I want to hear your thoughts on a principle ...
I own 2 properties that I’m currently renting, a condo in Tampa FL (appraised at $400k) and a single family home in Asheville NC (appraised at $330k). Both properties were my former residences that were purchased in ...
Hello BP,
I am coming toward to the end of my first flip property (so many lessons learned!) and the contractor is dragging his feet to finish minor repairs (light covers, clean the home, minor corrections, etc.). T...