Sal Mazzone
Need help with a lending situation
BP community-I'm in a bit of a situation. I'll try to keep it as simple as possible:I'm in contract on a duplex that will be a buy and hold rental. Partnering with two other individuals, creating an LLC, and obtaining...
Nazimcan S.
How I FAILED but actually SUCCEEDED in New York City
It's about 11pm, at this slightly inappropriate hour the seller's broker wants to know if I can close or not. With Brandon Turner's book "The Book On Rental Property Investing" in one hand, I'm thinking about a last m...
Amia Jackson
It's almost like our triplex was free
Actually, if you factor in the ARV it's like we got paid to make more money. NutsI seriously love real estate. Where else can your effort pay off to this level?Our triplex is a full 203k loan. Our total mortgage amoun...
Jeff Bridges
Selling Rental: 1031 or eat taxes?
I'm selling a rental property at a profit and intend to buy another rental property to improve cashflow and get into a more desirable and easier to manage rental. I've been running the numbers and trying to figure out...
Anestis K.
Cashing out 401K for down payment or full payment
Hey Bigger Pockets.... I had an idea and need your opinion. I just closed on my 7th property, and for the first time made two purchases in one year. Unfortunately, my cash reserves for down payments are gone but I d...
Simon Stahl
4-Plex or more for inexperienced investor?
Hi thereI am wondering if it is advisable for an inexperienced investor to get started with 5+ units or if it would be better to first stick to 1 to 4 units. I already know the process to get a conventional or HM loan...
Connie H.
Should we buy a single family in very expensive towns in MA?
Hi there,I posted here as a new member 8 month ago. Basically, we finally sold our negative cash-flow condo in south MA and at least got our loss stopped. We plan to buy a single family in a very expensive town - Well...
Jenny Hartzog
House hacking to financial freedom in Spokane?
I'm new to bigger pockets but am loving the wealth of information here. I'm at a turning point in my life right now where I have an opportunity to really set myself up for financial success long term. I currently li...
Sarah Jones
Creative Financing - Brainstorming
I bought a house 6 months ago in california with PITI is about $1500 per month. I live in one of the rooms and I am renting the rest out for $2500 a month so making about $1000 extra. I want to buy a second house asap...
Account Closed
Tenant Paying Deposit in Increments?
Asking for parents and curious myself. They have a vacant rental SFH after a lengthy and expensive eviction. They finally, after 2 months now, found a seemingly fine candidate. However, the woman is asking if she can ...