S Moore
Keep or sell my single family home
So here it goes. I own my home in Canarsie, Brooklyn. It’s worth around $500,000. I owe around $374k. I just bought it in March 2018. I could rent it out and make about $2k/month, $400 less than the mortgage which is ...
Tyson Lee
Basic Questions About Refinancing... What is it?
Okay, this is a basic concept that I'm having trouble with. I was listening to a Podcast where Brandon had mentioned a 4 plex he bought for his daughter's college tuition. Below is the example...-Buy the 4-plex for $2...
Jake Diamond
Debt free. 6 apartments. What’s the best strategy to go bigger?
Currently debt free. I own 6 apartments. (1) 4 unit. (1) 2 unit. I want to go big. Bigger complex. What’s my best strategy for funds to go bigger? Line of credit on houses? Etc...
Mike Gomez
Owner finance -deal or no deal
Hello BP fam, I'm in need of some guidance. This is my first time looking into a owner finance and I'm trying to figure out if it's a smart move and what else it would entail to ensure a good deal...
A neighbor acr...
Sahil Relan
Should I get hard-money loan?
Hi,I am looking to buy a 2-unit property for 100k, some tenants are already living and paying there. It is a REO. The property needs minor repairs which I plan to do with the cash-flow generated. I have these two ques...
David VanWert
Need Advice! Sell, Hold and LTR with future STR in mind?
Long story short... need some sagely advice. Inherited a property from a family member passing late last year. Property is in a great STR location in Wa state. Once we took possession we did a complete rehab on the pr...
Jeff Rossman
Using Equity in my Primary Residence for First Investment??
Hey all! This is my first forum question.I have about $50k equity in my primary residence, and was wondering if it would be advisable to use that equity to get my first investment home.If so, what route should I take:...
Brandon Turner
Anyone use Ally Bank?
Hey folks,
I'm thinking of switching all my banking to a completely online bank, Ally. Anyone else done this? I'm thinking that perhaps, because they are online only, I can do more from my house without alway...
Ken P.
Closed on #27 buy & hold
We closed Friday afternoon on property #27! The latest addition to the portfolio we've built up over the past 5 years is a 600 sq ft condo apartment in a complex where my wife and I already own many units. In this b...
Zack Gerson
BRRRR 4-unit good deal?
Hey BP, Looking to see if this is a deal and looking for opinions. 4 units Purchase price - 30K Rehab- 50K ARV-130K (plus holding cost and closing cost)Just based off that, it seems like a good deal and a good BRRR...