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TSP is the Feds 401K. I have been considering taking a loan out to purchase a rental property free and clear. The problem is loan repayment term is 5 years, which pretty much kills any cash flow. The interest rate is ...
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Hello,I have bad credit and i'm having trouble getting financed to buy my first home. I'm wondering if I were to buy a home outright (in cash) would it be easier to get a loan to fix it up? I don't even qualify for ...
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My strategy thus far has been to find properties that cash flow $300-500 a month in areas that appreciate. While the cashflow I have earned thus far has been mediocre ($3k-5k/yr for last 5 years), the appreciation has...
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I am thinking of refinancing one of my houses in Washington, DC, that I have a significant amount of equity in, and using the cash to buy a house in a cheaper market in cash. I am sick of paying interest to a bank! Af...
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Hey all,I bought my first property a 2BR/2BA In April of last year (before I found BP or how to calculate cash-flowing properties), been living in it until about a month and a half ago. I'm moving out of the country ...
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I purchased a duplex across the street from my parents because the tenants (no lease/subletters) are nasty/high/rude to my parents and all neighbors on the street. Listed tenants moved out. I worked with the previous...
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I have 30k to invest in a fix and flip project. I am quickly seeing that this is a very small amount. What type of lender and terms should I be looking for? Lenders will require down payment, closing costs, reserve...
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Hello Bigger Pockets! My name is Greg. I've been lurking on BP off and on for awhile, but just became a pro member and decided to take real estate investing a lot more seriously. I'm also a recently licensed real esta...
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I saw an Year end report that talks about negative net migration trend in cook county and especially in the city of Chicago. I’m curious how investors take these numbers. I see such articles on negative net migration...
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I was listening to a webinar about overages that areunclaimed in tax sale foreclosures, nearly 95% according to the speaker,Bob Diamond, there are 3,000 of these done every day, JP Morgan says $13,700,000worth of unc...