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Just heard about a friend of a friend who is using a HELOC with the intention of paying off his home quickly. The basic idea is that you use a HELOC to pay off your original mortgage. Then instead of having your free ...
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When looking at multifamily properties for sale, it's typical to see an advertised cap rate. Where does this cap rate come from! Who determines what it should be? As an owner myself, I know what my NOI is and I could ...
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I have quite a huge student loan debt, which is the only type of debt I have. I would like to get into REI immediately but like to know the smartest move to make.
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Listing my home for rentSEC 8 voucher for a 4 bedroom is 1000People who do not accept the voucher, usually have lower rents..So with a sec 8 tenant, i can get 1k per month and with a normal tenant the market allows me...
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Hello everyone, Like most investers right now I'm trying to do a Cashout Refi. I've spoken to about 5 lenders and I've gotten a vast amount of responses to my attempt to Refi. Some lenders have told me that they are...
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I have no RE experience. Just moved to Columbus in February from HCOL city. Moved here for the ability to start RE portfolio with a lower upfront cost. Also like the Columbus metrics for population/job growth.- Don't ...
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I have a family member willing to allow me to wholesale a property. It is situated on 10 acres with potential for many different uses. The main house is a Georgian estate style 5600sf home (6BR 7BA) that needs water d...
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Hi Everyone,I am wondering what would be a realistic cash-on-cash return for a SFH in a B-class and above area in Cleveland If paying all cash.Thanks in advance.
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Hello!
This is our first post. We're very excited to be here. Neither of us (my husband and I) work in real estate but we've always wanted passive income from "buy and hold" rental properties. We're interested multif...
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Hello Bigger Pockets community!
My name is Michael, and I'm excited to join this fantastic forum to learn and connect with like-minded individuals. I'm currently based in San Jose, CA, and have a strong interest in m...