Kyle H.
1st time investor + 2 properties + 2 months = 5....
5 units, that is!I am writing to share my story in hopes of giving other first time investors the courage to take the plunge into buying their first property! It is definitely nerve-wracking, but patience and guts ar...
John Hanson
1% or 2% rule in Minnesota?
I'm just getting started in real estate investing, with the intent of renting out either single family homes, multi-family or townhomes. I know that one cannot go strictly by the 1% or 2% rule, and that more detaile...
Jason Phillips
savings
hi all , i'm not sure this is the right form for my question. i have seven rent houses two of them i'm paying on loan the minimum i can . i maintain 40k repair found in a savings account . i normally save up all incom...
Michael Seutin
I am about to complete my 3rd deal, thoughts?
I got this duplex near dallas. Cost me $135.500, tenants are already placed and total rents are $1775 a month. I have seen the property and the tenants, property looks great, tenants take good care of it.
I am put...
Account Closed
Buy/Hold or BRRRR for Active Military?
Hello BP,I have been researching for about nine months now and have pretty much boiled my options for my first RE investment (besides my home) down to either straight Buy and Hold or BRRRR. I would love to hear some o...
Dan Lucchesi
Cost Segregation - A Red Flag For the IRS??
I have been investigating having cost segregation studies done to two STR investments I own. I'm getting some pushback from my CPA of several years. He is a former IRS auditor, before going out on his own. He is defin...
Jordan Ryan
Best DSCR loans out there?
Hi everyone just wondering the opinions on the best companies out there for DSCR loans? Trying to buy a 3 family that needs some TLC maybe do a BRRR. I have talked to so many lenders around the same like 7% with 1-2 p...
Alyssa Kruger
Can I house hack in Brooklyn with only $25k down?
Hey everyone,
I wish to move to NYC next year and want to live in Brooklyn. I currently live at home in FL and will have $25k by the time I wish to move. Using rocketmortgage as an estimate, I am able to purchase a ...
Peter Mikhjian
Duplex Investment Property Evaluation - Looking for feedback
Hi everyone, i'm just about to close on a duplex investment property i've been looking at for a few weeks and I wanted to get some feedback on what everyone thinks, here are the details:Property: Duplex, both sides ar...
Jake S.
HELOC vs Cash Out Refinance on Primary Residence
My home is fully paid for and I'm looking to use the equity to purchase more properties.Should I get a HELOC or just cash out refinance and lock in a lower rate?HELOC is more flexible, but is interest only and doesnt ...