My initial plan is to have at least 6 months of PITI in reserves as part of my initial expense for a newly acquired property. On top of that, my monthly capex expense and vacancy expense will be added to these reserve...

Hi everyone. I'm ready to house hack! I've built up enough for down payment on a multi family and want to house hack. Issues are my local market is red hot like the rest of the country. I was wondering if anyone has d...

If I am estimating some multifamily and I plan on living in it for first couple years, is it ok that the deal shows up a negative, but when I estimate that when I move out and have it fully rented that it would then b...

My wife started a new job and one of the benefits is a 30 year fixed loan at 1% with 20 percent down up to 1.5 million.  I had her ask if we can purchase a multi-family and we can up to a fourplex and still qualify fo...

Hello BP, is there any problems with taking a personal line of credit out and seasoning it in your bank account for a few months then using it for a down payment and rehab?

Example : I take 50k out on a personal line...

Hi everyone,
I have over 30 years experience in the home construction field.I have owned and operated a small remodeling business for the past 20 years.I own a home that is completely paid for,no mortgage.Wanting to g...

Hello,   I'm 47 and I'm almost 2 years into my REI journey - which was initially funded thru savings.  My goal is to use REI for passive income for retirement.  I currently own 5 properties; all but one are cashflowin...

I am just wondering on how does the refinancing part works and I cant seem to understand it. Let say that you buy a house and you successfully do house hacking. Once a year has passed, what are the next steps? do you ...

Hey everybody! Looking for any advice, insight or strategy to launch into REI. Our goal is to have enough semi-passive income to be able to home school our son from first grade on if we decide to (2030).
Currently l...

Hi everyone!I'm looking to invest in my first real estate property, either a SFH or a multi-family, and do a house hack situation in one of Connecticut's markets. I am a 27 year old, single investor, making $70K gross...