Hi all. I'm wondering what you guys think about using personal line of credit to put downpayment on my next rental. Does it make sense to use cashflow from the property to pay off credit? #ASKBP
I would really like to get some opinions on a mulit-family house I’m asking my mother to quitclaim to me. She inherited this 3-unit home that a relative, deceased last year, had as an investment property. She (and I) ...
A business partner and I plan to own multiple multi-family properties. We will start with one in 2019 and, hopefully, add 1 property each year for the foreseeable future. Each property will be owned by separate indepe...
Hi bigger pockets! I am looking for some advice. My wife and have 2 duplexes and 3 single family homes. Due to higher taxes and home insurance rates, our cash flow has literally been cut in half. Rents seem to be abou...
I've been trying to find great house to invest and flip for passive income for the last couple of months seriously. I have always been interested in land but my wife wants to solely focus on renovating homes for resal...
Evening BP,I've recently been learning/researching about self-storage and came across a 31-unit storage facility in a suburb of my hometown that I can secure for 215kish (pending contingencies/financials of course). T...
I received a loan offer for a new retail center construction loan and they are requiring me to pay a 3.5% due diligence fee. Is that standard
I’ve been renovating a 16 unit apartment in Pittsburgh for the past 6 months and things are going well. I’m renovating individual units (kitchen/bath/flooring/some painting) and I’m able to increase rents $150-$300 pe...
I've been reading about taking title 'subject to' and wrap loans. It is an intriguing strategy but one aspect seems to give me pause. The worst case scenario: The Acceleration / Due on Sale Clause.
For the ...
Which is better? A fourplex for $350k or 3 duplexes for $110-$120k each? The fourplex is in a better location and would appreciate much more than the duplexes. The duplexes give me more doors and more cash flow. I cur...