Hi everyone!After a lot of learning & reading I've made my first offer on a 4 family building in Brooklyn, here are the numbers:Price: 1.28M (FHA 3.5% downpayment = 44.8k, closing costs = 32k -> total money dow...
I have been aging an LLC for a few years. I want to start buying property. how many properties can I safely have under the LLC and seperate myself from liability? Should I have the LLC as the holding company of sev...
I recently got denied a refinance loan on my property due to losing my job whilst this was in the process. I have no desire to go back into the work force I wanted to know what could be my other options of obtaining l...
Hello Everyone,
Sooo me and a buddy of mine have recently started learning about REI and were told to come to BP to learn more and since then we have been hooked and want to get started! We’ve been listening to podcas...
We are planning to build our personal home in the next couple of years. In the design phase, I’m intentionally wanting to add features and value to later use as part of my long term funding strategy. We are a family o...
I have a couple of questions about aspects of the BRRRR process. Apologies in advance if these are obvious, I'm still trying to fully understand it.1. When you first buy, can conventional financing be used with the sa...
My wife and I will be stationed in Washington next year. We currently own a house in Charleston, SC and we were thinking about selling it. However I've been hearing a lot about real estate investing and renting our pr...
What is the best cash flow strategy in your opinion?
I was told that owning cash flow residential properties is a pain because of having to deal with the maintenance, tenants and sometimes property management compani...
Hello Cincinnati BP! I did an owner occupy duplex deal in 2018. Fantastic learning experience and start to building up a rental portfolio. I just refi'd and did another owner occupy into a SFH in Norwood. Planning on ...
Hi BP community,I’m ready to get into note investing. Now that I have a plan, I would like to share it with everyone. I’ve been a residential General Contractor for 30+ yrs and now that my body is broken, it makes sen...