Christian Beyer
Any issues using a HELOC to purchase another duplex?
Hey BP- I am currently living in a duplex (doing my best House Hack like@Brandon Turnersays) and I'm looking to purchase an REO duplex in West Chester, PA. The purchase price I'm aiming for is $180,000 and I should ne...
Pat Dansdill
Thinking through the logistics of BRRRR
Hello all,I would like to use the BRRRR strategy on a property, but don't fully understand the details-any help is appreciated!1-Am I wrong in assuming you can buy a physically distressed property with only the down p...
Spencer Boerup
Are most investors calculating Cash on Cash Return wrong?
I'm a serial entrepreneur that has owned and successfully run multiple businesses over the last 13 years, one of which has landed on the Inc5000 two years in a row. Scaling a small business to turn out a healthy profi...
Daniel Townsend
Partnering on multi-families
I know how partnering on flips works, but I’m a confused on how having a parter on a rental works to everyone’s advantage. Is waiting longer to recoup funds in an investors best interest?Here’s an example:Property cos...
Michael Doherty
How to Finance Next Deal: Help!
I recently purchased a MFH last September and have been house hacking- used FHA and put 3.5% down. I am looking to acquire my next property this year but unsure how to finance it. I know legally I can't move anywhere ...
Sasang Doc
Investment Ideas with $550,000 Cash in Hand
Hello fellow BPers,
What would you do if after selling your primary residence, there’s $550,000 cash left over to invest in real estate? Suppose you’d like to squeeze as much cash flow out of the investment as possi...
Nick C.
Tap my IRA for RE Investment?
Should I pull out a portion of my IRA balance to purchase RE? I have $200K, but can withdraw about 45K without penalty (what I'm told by my advisor). He advises against it. However, I think I can grow this substantial...
Eugene Fedotov
Small landlord stands to lose everything after Tenant fails to pay rent for 3 year
This is what happens when government in essence commandeers a property. Who is going to compensate owners like this guy?https://www.cbsnews.com/amp/sa...
Nicholas Spinazze
What is a reasonable cashflow on BRRR
I know this question is fairly subjective, but assuming you got your entire initial investment back, including closing and holding costs and the property was only cashflowing 300-500 bucks after accounting for mortgag...
Ilona Kovacs
Turnkey Investing: Is it a good start for a newbie?
Hello All!I am a complete newbie to the real estate market, although I have read tons of books and attended seminars, I have yet to make a deal.I was wondering if I should start out by going to a turnkey company like ...