Charlie F.
2% of purchase- will it cash flow?
Hey Guys-
I'm looking to invest in my first property, a multifamily in the NYC area. I spoke with a seasoned investor who told me that for a property to cash flow I need rent at about 6% of purchase price. I've also ...
Joseph Duffy
Buying cash then refi or use conventional from start
Hi, sort of a newbie here, have not owned a rental since 2004 and the landscape is incredibly different today.Question is - should I buy with cash then refinance to pull equity -or- finance with a more typical investm...
Matty Moriates
Roofstock.com and Out of State Investing
Hi Everyone - I'm brand new to this and leaning towards single family or duplex investment properties. I came across Roofstock.com and it seems like a great place for getting started. I live outside of San Francisco a...
Michael Rudd
New to Real Estate, and Utah
Hello BP community,
My name is Mike and I live in another state, but my best friend/business partner is in Salt Lake City. So I'm spending my free time here and am itching to start buying some real estate.
...
David Rundle
401k to self directed IRA question
Hello! Let's assume a person named Investor X has $100k exactly in a 401k and wants to begin buying homes.
I'm assuming step 1 would be for Investor X to roll over his 401k to a self directed IRA, but what's ...
Ivan Dimitrov
How to analyse a big deal and structure investors shares?
Hello team. Newbie here.
I have 4 Airbnb properties that I manage (I own 1 and rent the other 3), so I'm not very experienced in real estate. But I saw a deal that I really like.
10 Unit property with potential to g...
Michael Plaks
1031 exchange now plus $500k tax exclusion later
@Julie Dib asked me on another thread:
"my father in law just sold a rental in Cali he’ll have about $300k in capital gains, if he were to 1031 exchange that money into a new rental property and plan to eventually li...
Moncy Samuel
Is this a good time to refi a Multifamily
I would like to seek advise about refinancing Multifamily duplex rental property. Interest rate is 5% and loan is just below 100k. When I talked to a loan officer, he discouraged me. Would like to hear your thoughts a...
Carissa Meek
How do I navigate bigger pockets to Find Local Investors
I need to find real estate investors that are located in the Houston area, more specifically: Friendswood, Pearland, Alvin, Webster or League City. I am going to be purchasing my first deal soon and need to find all o...
Eseta Fuiava
LLC for first few wholesales?
Hi, I was wondering if creating an LLC is necessary before wholesaling my first deals? Or should I wait until I’ve wholesaled a couple houses? (Which would mean buying and assigning in my own name) I’ve also heard fr...