Hey BP!I want refinance my Florida SFH. Its FMV is approximately $200,000, and I own it out right. I collect $1300 in rent every month, $100 goes to taxes $70 goes to insurance and $100 goes to cap ex and vacancy. So ...
I am considering a 30 unit apartment complex and wonder if I should look at a traditional 30 yr mortgage or if I should get a commercial loan since this kinda pushes the bounds of side hustle to full on business. I h...
HiI am newbie and listening to Brandon Turner's book where he mentioned Buying, Rehab, Rent, Refinance and Repeat ( BRRRR) Strategy. I am not following one aspects of it, any help would be highly appreciated, as I fee...
I am new to real estate investing, and I find myself in a situation where I have no answers other than to wait. I will summarize my back story on my situation, so it makes more sense. I am enlisted in as AGR (Active G...
Hi,
I recently bought a property with full cash in Cleveland for about ~130k. Can I get a mortgage on this property considering the following?
- The property is under a U. S LLC.
- Me and my wife, the partners of...
I recently established a Self Directed 401K through Quest IRA. I need to open a checking account in the name of my new 401K plan. I have contacted my bank (Bank of America) and also a local credit union, however nei...
Hello! I’m a newbie investor looking for my first deal and the home I’ve had my eye on (fix and flip) just went on the market. My market is very hot, and I know this listing will be snatched up. I spoke to my mortgage...
Hello BP community,
Any help or advice on how to proceed next on my real estate journey would be much appreciated.
I currently own one property with just over 3% equity. I would like to keep moving (albeit at a c...
BP people,
Do any of you out there have any success or horror stories about pulling out of 401Ks and using those funds as self directed? Or, am I considering to purposefully step on a land mine and blow my nuts off w...
Hi BiggerPocketeers,I wanted to hear your opinion on how best to leverage our cash 'without leveraging our cash'...After a diet of gruel and water, my wife and I have saved up a solid wad of Benjamins. As a Brit &...