Samuel Cieszynski
ROI - Does loan paydown lower returns?
Cash on Cash ROI seems to be a popular metric but to me it seems deceptive. It appears to give you a temporary boost based on finding good financing. However as the loan is paid off your return becomes lower and lower...
Joshua Herald
Its time to move out... From the In Law's spare room! Hard Money?
My wife and I sold our first home over a year ago. It was a 5 year rennovation that eventually eliminated every debt we had. I actually wrote an article about this journey titled. "My first flip paid off my student lo...
Luciano Suehara
Buying rental with negative cashflow for the first 3 years
Hi everyone, new member here and I'd like the opinion from the experts. Im currently looking to purchase rental property and Im using the BiggerPockets tools (Rental Property calculator and Rent Estimator) to understa...
Rachel Kennedy
Flip Scenario: Over invested and now we need out
We are in Denver. Bought a flip in one of Denvers hottest neighborhoods. We made a HUGE mistake and lost track of our numbers. We are about 80% done but have invested $625K into a $640K ARV house (I know, stupid stupi...
Nicholas Lohr
The BRRRR strategy when you already start with a 30 year fixed?
Quick question about the BRRRR strategy. I understand the strategy when you have a higher interest hard money loan and you want to refi into a 30 year fixed lower rate but can someone explain how it can work when you...
Helen Zhang
Auction.com Trustee Sale: First Timer Horror Story-List
I am in the process of purchasing my first trustee sale. (This isn't my first property, but it is my first trustee sale). The property is located in Dallas, Texas. I have won the auction, signed the contract, and wire...
Sol Dubnov
Construction loan advice
Thanks to all who take the time to answer. Here is our situation: we own a primary residence on which we own a mortgage and we've recently made a cash purchase of a lot from a foreclosure in a highly desirable area. W...
Kody Thompson
Preparing for your next investment with Gold and Guns
In these unprecedented times many can be left feeling stuck, not knowing what to or how to invest. Others fall into analysis paralysis waiting and anticipating the absolute best deal to come along only to miss out on ...
Kaylor Bankler
FSBO + Owner Financing fix and flip deal
Hi everyone, I've been looking for my next fix and flip project for a few months now, have made a few offers, and have been getting beat by all-cash offers. Knowing I can't compete with these cash offers and from read...
Brock W.
Hurricane Florence and Investor impact.
Hurricane Florence has come and gone as I write this from ground zero Wilmington, NC. I'm curious as to where the BP community thinks the best opportunities are to be had. I would think that short term prices would ...