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I've heard about a strategy people use when buying, rehabbing and then refinancing to "get their cash out". Would anyone be willing to explain how refinancing a property works in an example like this? (excludes closin...
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I bought a house for $300K in cash 6 months ago that I want to use as a vacation house. My domestic partner gave me $60K as a "gift" and I am adding him to the title. I want to get a 30-year mortgage now and pull my c...
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Hello BiggerPockets Community! My name is TJ. I'm 26 and I'm from Denison, Iowa, a small town of around 9k. I'm currently working a 3-11 production job trying to save up enough money to get started in real estate. For...
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Hi all,I wanted to introduce myself to the community. My name is Giovanny Alfonso and I'm from Miami, FL. I've been reading as much as possible over the past year and looking to begin investing in SFHs and small beach...
Hey Investors, I have been looking for deals all year and in my area, rents don't typically EVER cover the 1% rule because houses are too expensive compared to rents. However, this deal is owner financed up to 80...
So just to give you guys some background on my situation. I am 25 and work full time making 60-70k net per year. Thing is my job is mostly commission so I really only make 14.50/hr. Now I have been there for a year an...
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Hi Bigger pockets! Longtime lurker and reader but finally taking action on my first post!
Was hoping to get some help and advice from the community here.
Goal:
To buy and hold properties, ideally with the BRRRR st...
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Hello BP community. My first post here and very excited. Any informational help will be appreciated. Long story short. My first house with FHA bought in 2016 which is a 3 unit multifamily. And the 2nd house with %5 do...
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Purchased my first 2 Family home. One insurance agent advised me to insure up to the purchase price (216k). The other agent advised I insure up to 500k as the asset is already depreciated and, worse case scenario, you...
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Good Morning Fellow Investors,So....I've flipped a several properties in the last year in a half and most of which have been REOs and a few estate sales. I live in the outskirts of the DC area and there are no shorta...