Jasmine Benford
How long did it take to buy your 2nd property? How'd you fund it?
Hi All! Just as the subject reads, I am inquiring about when and how you purchased your second property after closing on the first... and HOW. The purpose of this discussion to get insight/tips from your experiences. ...
Jon Thomson
Small but mighty vs expanding the portfolio
Alright looking for some insights and opinions. I have a low price SFH LTR. I owe $84,000 on the mortgage. It currently cash flows $300 a month on a $1200 a month rent. Debating on what strategy to use as I try to gro...
Eric O.
Newbie with two properties - How to finance to continue to grow?
Hello all. Newbie here. My wife is a property manager and she's come across two decent deals in the last couple of years with owners wanting to sell there condos. So we purchased both condos. Our goal is to acquire 5-...
Rhonda Green
Leveraging
I purchased a couple residential investment properties (single family homes) 6 years ago and refinanced for 15-year terms. Now, I would like to leverage my money and have been advised to consider refinancing some of ...
Marylin OShea
Pay off loan before 30 year vs. invest money elsewhere?
I'm working on my first deal, due to close May 12. Got a 30-year loan, and I am interested in paying it off sooner (I chose 30 over 15 to have the flexibility). My strategy is to buy & hold.Now, I'm trying to figu...
Andrew Bordwell
Funding My First Investment
Hello, BiggerPockets! Complete newbie here...to be exact, I'm about halfway through Brandon's "Book on Rental Property Investing" (so needless to say my excitement is through the roof, but more importantly I've commit...
Eric R. Dehner
Advice Needed: Mother In Law Housing Venture
Hi guys, My wife and I recently moved back to San Diego California. We are looking for at homes in this red hot market and realize we are getting priced out of the coastal cities. My mother in law lives in Point Lom...
Krystof Pilisiewicz
Hello from Ridgewood, NY (Queens)
Hi, I want to say Hi, to everyone.I am new to this site, and I`m hoping to learn how I can buy my second house based on my equity line of credit from my first house.Looking forward to engaging with this site, and all...
Thuy Pham-Satrappe
When to start calculating COC vs ROI?
Hello! So I've been running numbers on a rental property where the ROI is fantastic (80%) but the COC isn't so hot (5%). At what point would it be wise to focus more heavily on COC vs ROI? I'm also learning the BRRRR...
Michael Brockett
Looking for financial ideas with a recently purchased SFH in OH
Hello everyone, I am looking for any input or ideas y’all can throw at me, as I will be completely open here:I have recently (3 weeks ago) purchased a single family home (rental property) in Akron Ohio for $39900. It...