David de Luna
4-plex deal - razor thin or good enuf?
I have an opportunity on a 4-plex. Actual current NOI (once the current vacant apt is rented) is 46,117. Debt service looks like it will be about $43,800. CAP rate is 6.6%. DSCR is 1.05. Seems pretty razor thin, but a...
David Soleymani
Should I refinance or let it ride?
Hello everyone. This is my first Official post. I will try to be as descriptive as possible.I own a SFH in Virginia Beach that I purchased 7 years ago with an ARM. I'm currently paying 2.375% interest and it's set to ...
Steve Lee
Should I continue to rent my apt or buy/mortgage a similar apt?
Hello BP!I will cut to the chase. I am in a dilemma and need some experienced advise. Right now I am renting an apt in CA for $1800 for a 1bd/ba. Now that I some money saved up, my plan was to put a down payment(FHA l...
Adam Demchik
Looking to use a self directed IRA for RE investing...which company do you use?
BP...I am looking to open a self directed IRA. Does anybody have any suggestions on which company I should use?
Thanks in advance!
Jeff Filali
Purchased 3 more properties this week to rehab...BUSINESS IS GOOD
Business is going well already in February. Purchased 3 more SFR's this week to rehab and put back on the market in March. Deal 1: ARV $70,000 Needed Repairs: $10,000 Purchase Price: $38,000Deal 2: ARV $60,000 N...
Michele Redd
Do I LLC or Not (wholesaling)?
Hello BP community, I'm a newbie New Jersey wholesaler to the community. Ok here it goes... so is it absolutely necessary to open up an LLC for my wholesale deals? I did about 3 deals without one (eeek) So I came a...
Dawn Anastasi
Buy and hold success story (was: my first flip)
If you have read any of my posts on Bigger Pockets, you would know that I am 100% buy and hold. However, I had decided to try my hand at a flip property and although there was a bit of a rocky start and a few mis...
John Robb
New Member Investing in Las Vegas
Hello BP Folks,
My name is John and I live in St George, Utah. I worked in Solar for 4 years in California and Nevada but was forced to move and start over when Solar was shut down in Nevada. I just started a pool mai...
Erica Law
Hi from Portland, Connecticut
Hello everyone! My name is Erica and I am joining y'all from Portland, CT. So my story is, I was an international tax adviser for years until 3 months ago when I quit to change everything (travel across the country, f...
Jason Baker
New Investor with Questions
Greetings! My wife & I are new investors in South Florida, Martin County, we've been attending some local REI meetups here in our area & enjoying meeting many good people. We want to get in the game but want t...