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Hello, I'm brand new to BP. I just started listening to the podcast, and very excited in learning from anyone willing to share. I currently own two rental properties, and my goal is have a passive income of $100k in 5...
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Hello BP! I need some clarification. So let's say I get prequalified from a bank for 100k for example. So I buy a property and use the BRRRR strategy,I'm all in for 80k and the ARV comes out to 130k. When it comes to ...
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I am trying to Figure out how to pull money(equity) out of an investment property that is tenant occupied and rate is at 3.375 %. Cash out refinance isn’t going to work since I have a great rate. Most banks won’t let ...
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For the past few days I've been weighting out the pros and cons of two properties. Property (A) is a triplex that could use some TLC on the interior and exterior and in a D class neighborhood of the city. Within the l...
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Hi BiggerPockets Experts, could you share how does HOA super lien work? Florida is HOA super lien state, does it mean if HOA foreclosed a house then 1st mortgage will be wiped out? I purchased a HOA foreclosed house t...
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Good morning BP investors,How do you do background check and credit check for the renter? My renter mentioned to me that he might want to move out in the next few month if this going well between him and his gf. I tho...
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Hello all,I have 5 Long Term Rentals that I converted to STR this year.I took out 40k from 2 CC to furnish the property and made some repairs.This lower my credit from 740 to 600.I would like to perform a Cash out ref...
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I have money to invest but I'm taking time to formulate my strategy for investing in rental properties. I live in a very rural area...southern Virginia. In my world, Roanoke and Winston Salem are very large cities.I ...
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I've been looking at mls for houses to flip, but in los angeles there isn't a lot of deals. I want to go directly to the court house for auctions. Anyone know when the next one is and how the process works? Can I get ...
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This may be slightly off subject...I was wondering how you research what other cities also cashflow well overall?
Thanks, Pam.
(I'm an extreme newb.)