Justin Kimmet
IRR with little to none cash flow
2 bedroom 1 1/2 Bath Townhome1100 SFPurchased property for $83,500Closing/repairs : $8,000ARV : $105,000Rent : $895 per month (2% Rent growth, 3% appreciation)Loan : 15 year, 15% down 5.75% Interest rate fixed convent...
Charles Press
Hire Prop Manger or DIY
Hi everyone,
Buying my first nvestment property. It is a 7 unit building, 100% occupied. Nice neighborhood, many tenets have a long history 5+ years. It's 30 miles and 35-40 minutes from my primary ...
Jan Fensterer
Best way to Refi a property, just purchased w/HELOC
Hello-I have purchased and successfully flipped properties- This particular one came out of the blue- Any thoughts, advice would be greatly appreciated. We purchased a property before it came on market- Looks like it ...
Francois Acosta
If You Could, What Would You Do Differently?
hi everyone, i'm new to rei and want to gather knowledge for the future; since i'm in college and work part-time i won't pull the trigger until a few years. i've been learning the vocab, market data, hearing the BP po...
Michael Gertz
I need hard money lending for 1 year term
Hello FriendsI have multiple properties under my belt that i have self funded but would like to move forward with another property that I am about to acquire a property in Montclair NJ that requires rehab. List price ...
Ken A.
Real Estate CYCLES - The Current Cycle we are in...
Note: Been pounding the table to BUY SMART any real estate since 2010. Keep buying SMART.There are literally TRILLIONS of cash dollars laying around in the BIG BANKS, businesses, etc. The inevitable WALL STREET GREED...
Jacob Lessard
Financing my first buy
I am looking at a house built I'm 1983 that is in a good neighborhood, full of the same style renovated, modern looking homes. The asking price is 50k, and I am looking to offer 40. Previous tax assessments and prope...
Patrick Padovano
Building investment prop, what account should I make draws from?
I’m building my first rental property on a piece of raw land I recently bought under my name. I plan to eventually transfer it into an llc I created once it is rented, and refinanced. Would it still make sense to open...
Lyman DeAnn-Gaines II
Question about first time loan for a first time homeowner.
Hello Biggerpockets, just a littlepocket here. I am taking this year to push for my first property to rent one unit and live in the other. I went searching for information on any possibilities for me to get a property...
Manly Souza
Da Rail
For those that do not live on Oahu, we make the top ten worst traffic states every year. USATODAY.com put us at number 3 this year - http://www.usatoday.com/story/news/nation-now/2015...It's no secret that traffic is...