Question for everyone. If you could purchase a property with $0 (not including appraisal, closing costs, etc), what is the minimum amount of cash flow a property would have to have to make the deal worth it for you? I...
Good evening, everyone. My name is Dan Bottiglieri, I'm currently a sophomore in college majoring in finance and accounting, but of course my main goal is to invest in real estate full time eventually. I plan on get...
Hi all,
I'm a new real estate investor, and I'm looking to get started on my first house hack! Two major problems though:
1. I'm in a very high-cost area (NYC)
2. I have no cash
Through the power of Bigger Pockets...
The offer was accepted late Monday evening (October 3rd, 2022). The closing date chosen is October 21st. My agent chose this date. There are 18 days between these 2 dates. Since this is my first time purchasing a home...
Hello Everyone, (active reader but not an active poster)Finally got my orders to Virginia (currently in Germany) and actively looking at property for MFH +3/4 units around Hampton, Virginia beach, Chesapeake, etc. to ...
MikeOH and some others talk about this 50% rule. I just bought my first rental property for 22,000. When I add up all of my expenses (tax, insurance, mortgage payment), I come up with 78% expenses compared to gross ...
Hi all!First time starting a post on BP and new to REI. I have been researching Private Lending options and resources to use for BRRRR, but am hitting a walk on grasping loan structures that are feasible to a PL. I r...
A while back, Holdman and I had what I thought was a very useful back and forth on a grey area of what was and was not a prohibited SDIRA transaction. You can read all about it here:
http://www.biggerpockets.com/f...
I am located in the San Antonio areaI am a seasoned residential superintendent capable of building homes from dirt to close and working with homeowners along the way. I have established great relationships with crews ...
Does anyone have experience holding property from a self-directed IRA? I am trying to get a handle on what is possible, and the pros and cons? For example, can I use IRA funds for a down payment, or must I make an o...