Cody Henson
Should I use a HELOC to get started?
I am new to Biggerpockets, I am 42 years old and I have a desire to invest in buy and hold real estate for retirement income. My home is paid for and I am considering taking out some equity to purchase my first renta...
Ahkeem Smith
Understanding the cash out/loan in a BRRR
I planning to do my first BRRR strategy around next spring, but I wanted to make a few things clear first. I understand the basics up until after the refinance. Once we’re able to cash out after the new appraised amou...
Account Closed
buying a 2 - 3 family house hack in north nj good or bad investme
Hey everyone I am waiting until April to buy a 2 family house hack the property looking to buy a fixer-upper to add equity and get a decent cash flow after 750 to 1200 net, I am in between staying or leaving to buy a...
Michael Weis
Question about BRRRR strategy
My plan is to buy a property cash approximately $40k-60k range requiring about $25k-30k worth of rehab with an ARV of approximately $115k once work is complete. Monthly rent in the area I am searching is $1050-1200. ...
Tripp Wylie
Got some bad advice...should I refinance?
I have a property that appraised for 200k around 3-4 years ago. I owe roughly 100k on it. I refinanced it a few years ago to a 15 year loan with the mindset of paying it of early. I've definitely read about a much ...
Judy Therrien
Help with a mortgage problem.
My family is in race horses, we are looking for a large property to create a training facility on. The training facility would make millions in a few short years. Horse racing is taking off in Mass because of the new ...
Jayden Hamilton
111 Virginia Ave property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $114,100
Cash invested: $114,100
I purchased this as my first investment when I was 18, almost 19. I had over 6 fig...
Ikenna Okoye
First home purchase: House Hack
Investment Info:
Single-family residence other investment.
Purchase price: $475,000
Cash invested: $14,250
House hack of a 4/2. Currently working on getting tents into the home.
What made y...
James Bennett
[Calc Review] Help me analyze this deal - yay or nay?
View report
*This link comes directly from our calculators, based on information input by the member who posted.
Lee G.
Reserves
What is your rule on reserve accounts? How much cash do you keep on hand to CYA? My accountant is suggesting 3 months worth of mortgage payments... I'm saying less like 1.5 months. This is outside a CapEx account. My ...