I find myself in a position with a property that I never intended to own, (had to execute a deed in lieu of foreclosure from previous owner). The property needs a large amount of rehab to be inhabitable. The previous ...
I was listening to an old Bigger Pockets podcast and they stated as a rule of thumb that rent should be 2% of property value (or maybe it was purchase price). I have homes worth $160K that rent for $1100. I have seen ...
Hey BP,
I have $100k collecting dust in a 401k from a previous job. I'm considering either rolling this money into my current 401k (boring) or doing something more "real-estate-y" with it. I understand there are ways...
I have a plan to scale up my investing but I am struggling with trying to decide if my plan is ethical. I am looking for input in order to take the next step or not.
My Father has a friend who is retired and living ...
I am going to try my best to explain my scenario and appreciate any responses.I recently bought a home for 200k and put 5% down on a 30yr conventional loan. My wife and I put about 40k in renovations (vaulted ceiling...
Hey All! Extremely excited to be here and to begin my Real Estate Investment journey. I have been thinking about this for the last 2 years and now that my wife and I are looking to buy our first home within the next...
Hello All.I think I posted this about a week ago - but not as a discussion. Please forgive the newbie mistake. First off let me thank everyone for the great posts and replies. I have learned so much over the last fe...
Hello BP community ! I'm 22 years old and I have 25k saved up, and it's not in the bank . Im hoping to buy my first rental property by the end of this year , but my question to you guys is where would you go to find a...
I'm looking at a few 6-15 unit apartment deals in San Diego County. I've talked directly to bankers at Chase, Wells, and somebody experienced at Cushman Wakefield who is a loan broker. All of them say under 750k loan...