I have about 100k in savings. I currently live in Austin, TX, but I may move to Florida in one year. Ideally, I would like to have 10% cash flow on each property and the potential for long-term appreciation. A real es...
Hi BPs!, Can you please review this provide some feedback, please? I refreshed my pre-approval to lock the rates. Here is what my lender provided.Location: Chicago, ILLoan 415KIf you put the 20% down, I give you two o...
I thought I would give a synopsis of what my wife and I's last 4 years have been as investors. This is in no means a detailed how to, just what we did in general terms and has worked for us to this point. Main purpo...
My wife and I just finished our first BRRR deal on a single family residence. We're looking to get smarter as we get more rentals and wanted to ask y'all for help. I wanted to see if any of you all have guiding princi...
Hi Everyone,
I need your help. I am planning on a 2 family with a FHA loan. I plan to live in one of the units. I have the 3.5% of the purchase price. I was informed by my mortgage consultant that I would need to ha...
Hi everyone!My dilemma is, buy an old house (BRRRR) or buy a brand new home and rent it.I know, it will broadly depends on my goals. So, here are some cons and pros I can think of:PROS:- Old house can be cheaper, spec...
BP family, I need some guidance. I want to begin BRRRR investing, but lack capital. Big plot twist right? LolSo my question is should I save up the certain amount of cash to be able to buy the house and afford the rem...
So I'm looking at purchasing a Brand New Duplex that comes with Fridges/ Washer & Dryers on each side for 285,000 which with a 3.5% down payment with an FHA loan will put my mortgage around $1900 so lets say $200...
I purchased a triplex in 2008 for 605k and rehabbed it for 30k in the city of Long Beach, CA. The building has (2/1, 1/1 (ocean view), studio) I collect about $3300/mo gross. I paid off the mortgage because I thought...
Hi and happy Easter to all,
I have a personal situation that I need some advice on. My parents' home is worth approx. $429K on Zillow. However, my mother has completely devalued the home due to incomplete "DIY" const...