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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $95,000
Cash invested: $14,250
3-bedroom 2 bath single family home in Ottawa IL
What made you interested i...
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HelloMy husband and I are seriously considering buying his mom's home. We love the house though it needs a lot of work and we believe it can be a very good investment, plus we will love to have it for posterity.Has an...
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I'm about to go to an auction (in about 40 minutes). I just got back the title search. There is an "Adjustable Rate Home Equity Conversion Deed of Trust" in 1st position for amount X issued on date Y. There's also ...
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A 200k 15 yr mortgage with 6% rate will cost you $165k in interest. Stretched out to 30-yr it's still over 100k in interest. If the value of the home is 200k, after 30 yrs maybe it's 600k and it cost you 300k in inter...
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Hey everyone here at BP,
Was hoping some one could shed some light on this. I recently decided to go with travelers insurance for my homeowners policy on a live in rental. Switching over from Allstate.
Allstate I’m...
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I’ve been lurking on BP for about 6 years, but I think I am finally in a financial position to pull the trigger soon. My hang up has been that my wife and I are both self employed, so It took us a few years to get th...
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Hi Bigger Pockets!I am a medical professional (anesthesia provider) looking to break into REI! I am originally from NY, but have been living in MA for about 3 years. I have been obsessively consuming REI content for t...
Hey everyone I’m looking for help regarding a property that just came to my attention today. I usually handle absentee properties so this deal through me for a loop.The home is worth 400,000 as is, the owner owes $310...
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In BP episode 327, they make the point that if there are flippers in a market, then BRRRR will work. Is this appropriate thinking?For example, let's assume you BRRRR perfectly and refi all you cash invested out of a d...
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*** I just read the rules and see that it says no requests for mentors. I am not sure if what I have asked for here counts as that, so please feel free to delete the post if it violates that rule. I AM asking for help...