Hello BP community,I am new to Bigger Pockets. Bought my first investment (SFR) property in March 2017. Just found out there has been a hot water pipe leaking in the crawl space for at least three days and caused a L...
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Got $100k business line of credit with 710 credit score to buy some more properties.Do you think it is better idea to buy a rental house (worth $70k) with the credit card paying all? Or do downpayment 20% with it (app...
My tenants had a shower leak with water damage to the walls 3 weeks ago. Tiles were a little moldy and adjacent walls were wet. Shower floor has tiles too. Ground floor unit. Mold present in adjacent wall trims. Insur...
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My main business model is to rehab and resell to an end user.
I got a call from a guy who owns a 4 family house. The layout is a 2/2/2/1 bedroom. Fully tenanted month to month except 1 who has a lease. He say...
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Hi guys,
Here is my question.
How does one build a rental portfolio of say 30+ properties without tieing up your own money in the process? This is my goal but I see that it may be extremely difficult to get in and ou...
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I've purchased and rehabbed a few mobile homes with land in Maine this year and renting with a cap rate at or above 30%! Awesome cash flow, but I need to cash out refinance to keep going. I've talked to at least a doz...
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I am an advocate of the BRRRR Method, and I have put this into action this year. I took out a HELOC last year, and got a great rate and am paying interest only for ten years. I used that HELOC to purchase two great ca...
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Hi! Everyone on Biggerpockets,
Im currently thinking of selling my home right now that demand & prices are high. Our family goals have shifted from working, saving, buying a home to investing to get out of debt...
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Hello BP community,Wanted to pose a question of those who are seasoned vets at this stuff...I've got a contract on a 4 unit building that is set to close Sept. 15. Purchase price is 287,900, which was "best offer" tha...
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Hi BP,Looking for some financing advice as I find myself in a terrific cashflow position that lenders should love loaning to but on paper I'm falling short. The primary factor for both circumstances is that I rent out...