My wife and I are new to investing in buy-and-hold properties and I wanted to ask the opinions of those more seasoned than we are. I have connected with a wholesaler who finds motivated sellers, gets the property ...
Hello BP!
Well i wanted your idea and suggestions on a goal I have. I want to pay off a $7,000 loan in the next 5 months. If I were to use my money from my job to pay it off in 5 months I would have to use up...
Does anyone have any insight on how 401k and/or an IRA can be used to purchase property? Pros/Cons? Any way to avoiding early withdrawal penalties?
Hello Bigger Pockets community, my friend and I are finance majors at Colorado State University. We are looking to get into real estate investing. Being college students we don't exactly have any real disposable incom...
Hello BP,
What are some alternatives for additional funding if you've exhausted your rehab project funds?
I’m seeing some residential portfolios (4-plex and maybe an occasional 5-unit MF in there) listed for sale in my area. I’ve been focused on MF value properties and understand how NOI impacts the valuation. Let’s say t...
Hi all,We have just approached the last big project in our home. Adding a pair of basement bedrooms, and basement bath rehab. We would still have about 8 months left before we can sell (2 year min)Our last couple home...
How many years did it took you to become finacially free?
Hey Guys,I just went into contract on a rehab deal in Jersey City. It's a SFH. 3 Bed, 1.5 bath. The basic #s are 100k purchase price. Renovating cost around 35k. I can sell it for 175k. The broker suggested I add a fu...
We are purchasing a property outside of Cincinnati, OH and have ran all the numbers - the investment looks solid with or without an addition. However, the homes in the immediate neighborhood are nearly 1000 sq.ft big...