I've heard a few times on the BP podcast that a new investor should maintain a cash reserve when starting out. About how much is enough?
Hello All,
I have a friend on mine that makes a high W-2 income and is looking to diversify by investing in real estate.
Looking to structure a deal that makes sense for both of us. He will put up 20% down paymen...
Investment Info:
Single-family residence buy & hold investment in East Hampton.
Purchase price: $1,050,000
House hack of sorts. Summer rental destination, so MD-LD are 70% of full-year rent and is ca...
Hello, I currently have my own home with a mortgage and am looking to get into rentals. Would you recommend doing a cash out refi on your personal home or not? And if so is there a minimum time frame for having to own...
Hello! We have a house, that is NOT our primary residence, that we are trying to sell. But the house has foundation issues and we want to to use the funds from the sale of the property to start investing well we curre...
Hi BP,Since I started investing in my current market (that is, for a couple years now), financing has never been an issue with many Sellers. Not until lately, out of all the offer I made (even though the listings say ...
I'm trying to decide whether to see or rent my current primary residence. I'm planning on buying a larger home, and have access to some other funding for my new down payment if I need to.Current house - Castro Valley...
I am closing on a townhouse next month, and will be renting it out. All expenses a month equal $1400. I will be renting the unit for $1900 a month. Should I save all the cash flow and put down on another house, or pay...
Hi bigger pockets, I am considering buying a duplex for 118,000. Both sides are rented out for 1400 total. The seller offered seller financing with 30 percent down, my only issue is I don’t have the cash, so what woul...
So if I was to lend money to someone how would I be able to get my money back plus some. I mean I don’t want to charge them up the butt but also want to make some cash on the deal as well. How do you guys lend to peop...