Jay S.
5 year loan on apartment building, then rates skyrocket?
Say I buy an apartment building today with a 5 year note that amortizes over 30 years. I'm cash flow positive -- lets just say interest rate of 4% and a 7% cap on the building.
My real question is this - What if rate...
Jon Klaus
East Austin Spec Duplex
Last year I bought a house on a corner lot one mile east of the Texas state capital building. An agent brought it to me before it was about to be listed. The seller was asking 250K so I wrote up an offer for that amou...
Amanda Herr
Build buiness line of credits and authorized users
Hey Everyone,
This week I came across two websites on building business credit line and using an authorized user. Not trying to promote any of their products but I need your opinions or have any of you heard this b...
Zen Ouano
Investing in Assisted Living
Hi, can anyone share their experience with purchasing a vacant facility or land for the purpose of building a facility? We are only in the planning stages, but seems a lot more complicated than just buying regular RE...
Andrew L.
House Hacking in Utah
Hello all, I have a question I would appreciate your insight and advice on. Me and my wife are looking to house hack a multi family unit in either Salt Lake County or Utah County. We are looking to use an FHA loan and...
Beau Barry
Experienced 10+ Year Investor Advice Needed: What Would You Do Differently If You Could Go Back & Start Over?
As the title says, for those that have been doing this for at least 10+ years what would you do differently if you could go back and start over? I have a successful business I own that makes a $250k+ a year, cash stas...
Enrique Paez
Need auction opinions..
Ok here is the situation. There is a house me and my wife are wanting to buy. The bid price at the auction which is on April 9th is at 113,000.00. It is a nice house and it could be well appraised for 550,000.00. But ...
Rollan Dizon
My Inaugural BiggerPockets 2015 Year!
Happy New Year BiggerPockets community. It's been a while since I posted, which doesn't mean I have "fizzled" or fell flat in my quest for real estate riches and financial freedom :) Quite the contrary, this communit...
Seth M. Jones
Is there a 1% Rule market out there?
I'm currently sitting on 6 buy and hold investments, and looking to acquire more, but began looking outside of my area due to very few cashflowing opportunities in my market. I've even relaxed my criteria in order to ...
Paul Staszel
Using 401K to buy rental!
Has anyone used their 401K to buy a rental and receive tax free income ? If so, how does one go about doing so? Would I be able to make repairs out of pocket or does everything have to be from the 401K?