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I'll cut straight to the point:I am purchasing a 3 family to house hack and I want to get rid of PMI as soon as possible. Here are the numbers.Purchase Price: $335,000Gross Income $3600.I have the money to put down 3...
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I thought I had a great deal on a 4 plex, and got 20% off the list price. We have a contract for a cash purchase. The numbers are great.The home inspection yesterday disclosed that there is vermiculite/asbestos in...
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Hello All,
So I found my first deal! Kept driving by this house that showed the signs and finally got the nerve to speak to the owner. He is an older man (so sweet) who just can't maintain the property anymore. Now h...
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Hi, I'm looking to get some feedback from some experienced investors that have been working in the industry for at least a few market cycles.I'm properly positioned to start investing. I have some cash, credit(HELOC),...
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In David Greene's book "Long Distance Real Estate Investing" (which is awesome, btw) I saw an argument that I didn't understand fully, which is basically "you should overpay on your mortgages to refinance them faster ...
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Hi everyone! I'm new here to the Bigger Pockets forum. (In fact, this is my first post!) I'm really interested to see what expert advice I can obtain from the many real estate investors here.I have been fortunate i...
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Hi BP family, would anyone have recommendations on the best way to find offmarket syndication opportunities with GPs/operators that have great track records? I'm avoiding deals provided through platforms like FundRise...
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This is in follow up to a recent post by Engelo Rumora "The Top 3 People Most Likely to Rip You Off in Real Estate Investing"Probably one of the more misunderstood words in construction is "general contractor". Based ...
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Hey BP,How much do you budget when getting an estimate from a contractor? Once again, I’m in a situation where I’m spending more money on my contractor who is over his estimate. (Shocking, not.) I’m sick of being hose...
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I just got my offer accepted on my first rental property. I am excited that I finally made the first plunge, hopefully i will not regret it. If you guys have any suggestions for property management, please help me. ...