Hi all, I am planning on acquiring my first investment property (non-primary residance). I read the beginner’s guide on the site and planning on a simpler strategy for my first property:

-Goal: Cash flow
-Type: Si...

Hello BP,Question regarding page 7 "If Tenant or Landlord has legal questions. Tenant or Landlord is advised to consult an attorney"line 219(Landlord) and 221(Tenant)When these lines need to be initial ? And what if n...

If I were to obtain a personal line of credit to combine with my own capital in purchasing/rehabbing a property, how would this affect me when it comes time to cash-out refinance?

Hey all,Looking to convert extra space on a Multi-Family in South Philly into a bedroom. This conversion would allow the now 1 bedroom unit (converted from studio) to have private access from the exterior. The only is...

Made up example:(Using a private lender)Purchase price= $60,000Repairs= $15,000Closing costs= $4,000ARV= $120,000Loan amount after refinance @ 75% LTV= $90,000Closing costs/interest after refinance= $6,000What was the...

Hi everyone, my first post!My initial strategy was to buy a rental, rent out the rooms individually (separate lease per room), save as much as possible, buy another rental once I've saved enough, then continue the cyc...

Hi, was curious if you always get a full inspection done to build a Scope of Work for a fix and flip. If so, have you ever gotten an inspection just to find out that the scope is too costly to make it a profitable fli...

Hey Everybody!

I am Andrew Victory. I live in the Akron, OH area and am excited to join BiggerPockets and start my real estate investment career.

To let you know a little about myself, I am a 29 y/o father of 3 lit...

How many months of reserves do you have on hand? Whether it be for after closing, finishing renovation, or for turn-over on a rental? I'm sure it would be great to have a tenant lined up to move in right away, but...

I'm a newbie and the other day I was on the phone with a mortgage broker and when I asked him about rehabbing and refinancing he told me it wasn't a smart move. He said the cost of the refi might end up eating up any ...