Shari Posey
Help me evaluate this deal
I don't know why I'm stuck on this...a bit of paralysis I think.
I'm looking at a $200,000 4-plex in a below average area. Not gang infested but the neighborhood isn't really kept up. Also, not a lot of comps...
Account Closed
Recently Received Inheritance - Looking to Start Into Real-Estate
Hello all, I just discovered this forum and I cannot believe what a great resource it is. I am currently looking at a few options and I am struggling to find what I think is the most strategic answer so I'd like to la...
Joe Benyi
Numbers Don't Add Up on Rental Property
After reading through BP's "How to Invest in Real Estate" I decided to run the numbers on purchasing a rental. In fact, it's the townhome I rent right now in the Rice Military area. However the numbers just don't add ...
LaShonda Jordan
Planning to Start and have no experience
Hello, My name is LaShonda. I am 22 years old and I live in Benton, Ar. I have always watched home flipping shows on HGTV and found it very interesting , and recently after praying to God to lead me to a prosperous fu...
Conner Parsons
Solo 401k Plans v Self Directed IRAs
Hello BP Community,I am looking to do my first property flip, but am needing to get a little creative on the financing side due to minimal cash on hand. Although my liquidity is limited, I do have a decent amount of c...
Matt Wells
Paying for primary mortgage with paid off rental properties and tax savings strategy
From a tax savings perspective, is this a good idea? If I had three paid-off owned free and clear SFRs generating $3,000 a month in rental income, would it be wise to put down 20% on a primary residence and use my ren...
Alex Jackman
Equity Line of Credit on Owner Financed House
I am looking to acquire a $500k 6 unit apartment building. One of the options to purchase the property it through owner financing ($2,300-$2,400 per month for 20 years 0% loan). If I purchase the apartment building us...
Austin Merritt
First time home owner running the numbers - negative cash flow with a 2.25% rate
I've been running the numbers on my first primary residence that I will be moving out of in June. BLUF - this would be my first rental property and I'm on the fence about what to do with the home. I currently have ...
Mike Higgins
Realistic offers on homes for sale?
hello everyone,New to bigger pockets and new to the REI market. I've been reading countless websites, columns, forums/ etc. and couldn't be more excited. Quick background to my situation is my wife and I own a home (w...
Ajay Malhotra
Investing in a new Fund: strategy is buy multis and rehab
A friend introduced me to a guy he met a few years ago, who is raising $ for a fund (3-4.5 milllion, of which 3 mil is already raised) whos purpose is to buy multifamily (2-10 units) in Philadalphia submarkets, rehab ...