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I heard an investor on a call say it's best to have some debt on properties for protection. There wasn't time to discuss in detail so I'm asking you all fellow investors about this. What's your perspective and why? I ...
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Hi! Just wondering if there's a limit on home equity loans. If not, and you have like $200,000 cash to start, could you just buy a $100k property, fix it up, rent it out and then get a home equity loan for $70k and ...
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Hi Everyone! I am brand new to BP and excited to get into the world of REI. I am currently in the research/educating myself phase and am also working toward getting my real estate license before tackling my first proj...
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Just starting out and wanted to hear what some of your opinions are on this i can think of some good and bad for both sides just wanting to hear from more experienced investors on what seems to work the best thanks
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We bought a 40 unit complex in 2012. This was the first purchase for our family. We have now added significantly to NOI for the property. Reinvested significant amounts of capital to clean up units/property/etc... I n...
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Hello All,
It is great feeling to join this forum.
Here is my situation and my questions:
Situation :
1) I bought an investment property (condo-1bd/1bt) using HELOC (prime + 1.25%) out of my re...
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I've been renting for my first 5 years out of college and investing in my landlords' futures. I'm an engineer in the commercial construction industry moving from Boston to CT in 6 weeks and want to start investing. My...
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Hi everybody! Long-time BP listener, but soon to be newbie investor. I would love any advice you guys have for me regarding my situation. So, I'm currently renting a single family home (3/2 1,800 sq ft) in the Cordova...
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In 2010 as a junior in college I ran into an old friend who inspired me to buy a multifamily property. He had recently done a deal for a duplex with his parents and was living in one side for a couple hundred bucks...
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Hi BP members - I recently joined BP and this is my first post. Sorry if this end up being a bit long.Just to give a brief intro before getting to my question...I am an investor that recently moved to Plano from Chica...