I own a bunch of rentals free and clear, and I'm looking to free up some cash so I can buy a few more. I'm looking into blanket loans -- one loan for multiple properties. I figure this will save me some closing costs....
Can one make money with rental properties within a city that has a high property tax rate?
So I found an apartment building about 40min from my house I’m looking to purchase with an angel investor firm (6%) so I won’t have to put any money down to start, the property is listed at $575,000
12 units all lea...
Portfolio Loans.....I am looking to learn more about them and some real life scenarios people have used. 1.) How does it work compared to a traditional 20% down loan that I have used on my other two properties.2.) Are...
According to a new article in the Wall Street Journal today, the number of investors flipping homes has reached a level not yet seen since 2007. The article also goes to state that the average profit for a flip is n...
For one of my projects I have been looking for a 3-4 flat to purchase, live in one unit, and rent out the others. My goal is to not have a portion of my cashflow robbed each month by mortgage or rent for my personal r...
Hi everyone!We want to get into MF (2-3units to start) doing BRRR... and rent out for Mid term rentals.We see a house that meets our buy box, and our investment goals are;- $300 gross profit cash flow per month- 30% e...
Questions for the smart Money and 1031 Exchange folks on the forum. Background: Property was bought via 1031 & is held in personal name (NOT LLC or S Corp:Small mortgage - roughly $42K. Current value around $300...
Hi BP..
I need help on a possible investment deal. I found a townhome with an asking price of $149900. The comps in the same community are between $250-284K. I have horrible credit and a little down (not 20%) my roo...
After months of creeping on Biggerpockets.com and listening to countless podcasts during my morning runs (Great idea for those that run), I've negotiated a deal and now have my first property under contract. 3 Bedroom...