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Hi BP community! I'm looking for some guidance on house hacking. Background:I'm in the DFW area and preapproved for 300k at 7.25%. The houses in my area that could work (3bd 2ba) are at the bottom of the market around...
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Hey everyone!
I have read a post about HELOC's before but couldn't really find an answer to the question. I'm curious if anyone has used a HELOC (home equity line of credit) to pay off their mortgage in larger chunks...
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Hi all,
So here's where I'm at.
My goal is to cash flow $4k per month ASAP. Why 4k? Bc that is roughly my monthly expenses. 1k of that is the property taxes on my home!!!! I have about 250k capital to work with and I ...
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Hello!In the near future, I will be making a move on a property that I will be house hacking.However, my soon to be wife is afraid that any roommates we may have that she does not personally know will turn out to be e...
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The homebuyer/flipper company Opendoor Technologies (OPEN) is starting to look like a zombie company. Last quarter, they produced negative gross margins (-12.6%) and lost $928 million in operations. Their market cap (...
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I have been looking for ther right deal for some time now. Dragging a realtor around to every house in town. The market is tough right now but I keep hanging on the thought that if I don't get started I never will....
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So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
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Ok, I suppose it is possible - I'm just hoping to get some experienced investors' take! I do have capital that I'd like to put to use in an apartment building in the roughly 400K-700K range, however I can't seem to m...
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Hello All, So 4 days ago I as able to get my first real estate deal under contract in Spring, TX! I'm super exited to finally be taking that fist step into the world of real estate investing and was initially very opt...
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Long story short, my wife and I found a great deal on a duplex that would easily cashflow $600+ each month. After viewing both units and talking it over, we decided to go for it. However, when we talked with our lende...