Hey BP fam!! I have approx. 20K in cash to invest and looking for suggestions on where to locate a good BRRRR property in the Philly area??? Also, what general price point should I be considering buying at?? I am look...
Hi y'all, we are buying a 4 unit investment in Chicago for 430k, conventional loan with 30% down. I just got quoted minimum coverage from state farm for a $900,000, is this common?. Monthly payment is $450, more than ...
I am looking into purchasing my first long-term, buy and hold rental property (my dad currently owns 3 units but this is the first I will be involved in). Just looking into some suggestions on the financing. I am co...
Hello all,Reaching out to see if anybody has any hacks for getting credit card debt paid down/off, sooner/cheaper.The debt was planned/strategic to get me into my first houshack (and has worked).I have a plan to pay i...
I need to purchase a lot of finishes for a job. I want to get a credit card that can offer the best rewards for what/where I'll be spending (i.e home depot, ect). Right now I'm just using a cash card, which offers not...
Hello Bigger Pockets team,
I am looking for a formula to help me gauge what price I should purchase a multi unit property for. I am looking for a 4-5 plex, I live in Burlington, Ontario. I don’t want to over pay for ...
Calling out BP investors in Montreal, CanadaWhat Cap Rate do you consider good and bad for a small Plex (5 or fewer units) in Montreal, preferably on the island?Thank you,
Hello BP community,I would kindly ask for your input on this issue.I recently spoke with a mortgage broker regarding purchasing a second home and renting out my current residence. He gave me rates based on different s...
Hello All,My partners and I are to the point in our new business where we need to find funding. We would like to use a traditional mortage to invest here in the Sacramento area. Does anyone have any suggestions for g...
Hello BP community! Hope somebody could enlighten me with my situation. I purchased this property with a personal loan for 5 years. My question is, how should I tackle this loan?
Should I leverage and let the rent an...