First things first.. A little about me 40yrs old, day job 65k-75k per yr, two rental props that generates approx. $600 (between the 2) of cash flow per month. One prop is free and clear renting $700 per month with low...
I have the opportunity to buy a apartment complex for $1,500,000. The broker said he had a commercial banker that would give the following deal: 10 yr fixed/30 yr amm- 80% LTV at 4.65%.I have over 50 units, but they a...
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Hello BP Community! I signed up for BP a while back but never took the time to write a proper intro yet! First off @Joshua Dorkin and @Brandon Turner thank you for the amazing podcast! It keeps me very entertained all...
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I know everyone has there own success stories but for someone just starting out as an residential agent, what can a new agent do to start out on the right foot towards being a success RE Agent? Thank you in advance fo...
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I wanted to share the story of my first multi-family deal. It's not the best deal ever, but it satisfied the criteria I have set for a good deal, so I went for it.Back story: I've been listening to the BiggerPockets P...
Hi everyone,
I have worked very hard and I may create a large profit for myself from real estate investing through JVing large multi-family portfolios. I may suddenly make 6-7 figures in a short period of time....
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Hello,My Rentals protfolio is currently 35% financed,Im thinking of pulling more cash in order to keep growing with more rentals.How much do you think i should leverege?Thanks!
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Hey BP family, I’ll try and make this as brief as possible. I’ve been reading, learning, listening, all that I can do from: wholesaling, flipping, BRRRR’ing, you name it! I work for a mortgage lender, I decided to get...
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Can a second home be rolled into an investment home property either using 1031 or if there is a tax shield like primary homes? This second home has only been owned for a little over a year and has gained some equity. ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $173,500
Cash invested: $7,000
a move-in-ready three-bedroom, one-bath home situated in Central Lakeland with NO HO...