Sam Bromano
Refi a rental to cash out but go negative cashflow?
I have a SFR that I put down $50k on about 10 years ago. It’s been cashflowing $500-$600/m. I have the opportunity to cash out refi now and receive a max of $180k cash out after fees . That would put me negative $150/...
Katrina B.
No luck with BRRRRing....
BIGGER POCKETERS - New investor here 👋🏽...I’d like to hear experiences from those that have built their portfolios the traditional way - finding a good deal, putting the required 15-20% down and renting it. I’ve had n...
Justin O'Kelley
I don't pay for my houses!
Hello guys and gals,So I started investing roughly 6 months ago by buying a 3/1 SFR for $52,500 here in my hometown and thought I had stolen it from the seller, because I got them to pay half of all costs. The truth ...
Brennen Waldron
Land Contract to Traditional Mortgage to Improve Cashflow
In 2021, I purchased 3 residential properties through a single land contract deal (2 SFHs and 1 Double). The sale was 121,400 @ 2.5% for 10 years. This breaks down my mortgage payment to be around 1,200 a month, with ...
Jesse Byrer
Freddie Mac Home Possible - 5% Down (2-4 units)
I want to share this program with the group for those that are not aware of it. Freddie Mac has a program that allows only 5% down on 2-4 units. This is a huge opportunity for savvy home buyers because you can get i...
Adam Gerig
1 year challenge create $1,000,000 worth of value in one year
I've been inspired!! Saw someone's 90 day challenge and I've had a note on my dry erase board for the last 3 months when I created my goals for the year of accumulating $1,000,000 worth of property in 2014. At th...
Michael Russell
Hello, Real Estate Enthusiasts! Meet Uncle Mike: A Veteran Ready to Invest
Hey everyone! 👋 Uncle Mike here and I’ve proudly served our country as a military veteran. Recently, I had the opportunity to cash out a portion of my 401(k), leaving me with $20,000 burning a hole in my pocket. Now,...
John Gilbert
How much influence do we have on the total housing market?
So I have heard a lot of hot takes on how a flood of "retail investors" are completely reshaping the behavior of the stock market. The communities that made 100X gains in GME, AMC and crypto are using their profits to...
Jerron Horn
Newbie investor from Metro Detroit.
Hello BP members,My name is Jerron Horn, I am from Pontiac, Mi which is about 30mins outside of Detroit. Me and my fiance are newbie investors who are looking to get into wholesaling to help build our capital and grow...
Eric C Gunderson
Cash on Cash versus Equity
I have a BRRRR property in escrow with opportunity to backout due to some inspection items the seller is not willing to fix. The deal will provide over 20% Cash on Cash but all in cash will be essentially at the expe...