My short term goal for passive income is only $800 per month, eventually I'd like to hit $2k per month.I'm considering turn key for the lack of risk. Equity isn't as important to me as the passive income I'd receive. ...
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Hi everyone, my name is Brendan and I have been working the the multifamily sector for the past 5 years as an acquisitions officer. My hobbies include yelling at the TV while watching sports and popping bubble wrap. I...
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I am considering 3 options to finance my first deal below. I would appreciate any and all ideas/feedback from this excellent forum. Thank you.First some specifics on the deal: This is my first deal. Long on resear...
I recently purchased my Single family home with the VA home loan. I now am currently saving for a future multifamily home. My question is, now that I have already used my VA home loan can I not use it for future non r...
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Hey everyone!I had originally planned to purchase a 4plex and owner occupy so I can use an FHA loan and only put 3.5% down, but since I've been analyzing properties (thank you BP!) the ones in the 400-700k range don't...
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Hello bp family,
I have a duplex that is completely rehabbed and ready for rental, I wanted to take my equity out so I can purchase more rentals. So, I contacted one of the private bank and they gave me their terms. ...
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I'm working with my mortgage broker on financing for my first rental property. I'm looking to get a 2-4 unit, and I will be an owner occupant in one of the units.We got into the discussion about what I'd be able to af...
Hello Bigger Pockets Community,My name is Jeremy and I live in Colorado a currently booming housing market. Is this sustainable did i miss the boat on investment opportunities? I am not sure, but I am interested in bu...
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Hello, I am an investor, new to real estate, and I have a few questions that I haven't seen answered here in the forums yet (apologies if I missed things, I haven't read everything yet). My questions mainly pertain t...
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My mortgage broker and I dropped the ball. I'm WAS in the process of performing a cash out refinance on my 4th investment property that I purchased about six weeks ago. I just finished remodeling the place utilizing ...