I have a SFR with a $290k balance on a VA loan at 3.25% fixed for 30 purchased in 2012 for nothing down. Current estimated market value is $500k. Currently, the property produces neither positive nor negative cash flo...
Looking to have some negatives with my buying, holding System brought up that I might have missed.
I am currently buying single family homes in metro Detroit for under $50,000 in good but low income areas. I am sta...
Hello, I came across the idea because I need to find a place to live soon. I’m currently active duty and once I make rank , I’m getting kicked out of the barracks and into town. With that, I thought why rent , and jus...
Hey guys! Question for you all: What do you think is the best way to use a home's equity to buy another rental property. The three that I know of are: 1. HELOC2. Home equity loan3. Cash out refinanceWhich one do yo...
My husband and I are in a good position overall but really STUCK on our next move. Need some expert advice!! We are both working full time and have a combined income of 200K.Here’s what we have…We own a 3/1 block sing...
Hey BP Team,I have posted to this forum before about some main line sewer issues i've had since purchasing a triplex on the west side of Chicago. In 2020 I had 4' of main sewer line replaced, had ongoing issues after ...
Hi BP, I own single family and small multi units in Grand Rapids MI. I am looking for info on the Cap Rate in Grand Rapids Michigan. I would like to buy a mixed use and larger multi unit properties in this area. Than...
What do you guys and gals do with your cash flow?How much do you have in reserves before you pay yourself? Do you have a formula? Do you pay off quicker?Just curious how others use their money.
Hello everyone,My wife and I are looking to buy a STR and only have enough for a down payment, we were wondering if anyone knew of a way to get financing for the furnishings of the house. Is it possible to use a small...
Hello all! My name is Katelyn and I'm hoping to do my first investment in real estate and I'm feeling a little lost on what exactly to do and what the best way to do it is. I am currently renting a house and just rece...