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Hi, I'm reviewing a house in my neighborhood and wanted to see what people thought about what I should offer. It's a 3/1 SFH in Slidell, LA. I figure about $15k for repairs/updates and it would rent for between 1100-1...
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Hi All - I wanted to understand what options I have to do a cash out refi on my rental property? Home is worth about $700k - and I have a 2.75% 30 year mortgage and I owe 425k on it. I want to take some equity out o...
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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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I am looking to purchase some REO properties to wholesale and I was wondering how do you show REO properties that have a lock box. Do you call the agent each time for the code or is there some other way? I tried just ...
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Just signed on my first Brrr attempt. What's a rule of thumb for the ARV? Should your purchase and rehab cost be a % of the ARV? Curious to see if the bank will ask for a down payment when we refinance. Anyone with ex...
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Hi BP community,Im looking to do long distance investing into south florida- * first time out of state investmentA friend of a friend found a condo that we will offer $70k cash. It needs a mostly cosmet rehab with ne...
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I would appreciate experienced investors' input for my BRRRR plan. My primary question is, does anyone have experience converting a duplex into a fourplex? The additional 2 units will be basement level units. The prop...
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Good afternoon,
I became a bigger pockets member a few years ago but stayed dormant due to having no skin in the game. Now I have one rental property and living in my second home. I would still be living in my renta...
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Can someone please explain to me what a mini-mortgage is and how it works when you have a partnership on a STR and one person is the “Money” and the other is the “Sweat equity partner?” How does the sweat equity partn...