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Hello everyone first post on bigger pockets. I've been listening to podcast for about 6 months now, and finally decided to just make a move. I'm under contract for a single family house with a purchase price of $124...
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just curious how you all go about finding someone to fill that role for you...
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I am looking at purchasing a 4plex. I currently own one other SFH besides our personal residence. A direct lender told me that since it was a 4plex I would need to put down 25% instead of 20%. I was under the assumpt...
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Recently bought a duplex for 40,500. I put in about 8,000 and the appraisal came back at 80,000. Do i maximize the amount I can pull out of this or would I take less to maximize monthly cashflow? I.E. is the money I w...
I am trying to gain some knowledge in commercial real estate loan terms and offerings. Anyone knowledgeable in this subject please feel free to share. I’d love to get your personal opinions on the best type of loans t...
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Does anyone know the average cost to gut & remodel 600sq ft home? House is already quite empty as it was not occupied and copper was stolen and wall was knocked down. flooring was pulled up may need new bottom fou...
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Purchasing my first 14 unit deal. Sounds like I’m at 65-35. Cap rate is around 4% as is, but rents are low and property is in good condition. Looking for any tips and tricks to help me underwrite/ maybe refi in 12-18 ...
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Hello all, quick question. My wife and I currently rent and live in an apartment. Is it a good idea to purchase our own home first before investing? Or does it matter?
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15 months ago we moved out of 3-bed/2-bath condo in Chicago to a 4-bed house. Rented the condo out rather than sold, but now I'm wondering if the potential cash in it can be working harder as I look towards building a...
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I’m just getting started with real estate investing & would like to know- is it better to do a flip or a brrrr to begin my new career? I’m currently working as a nurse ( 30 yrs) & looking to transition. Any...