Terrence Bayly
Financing Advice - Washington DC rowhome
I am looking for advice to help fund my next deal. I am looking to buy a rowhome in Washington DC where cash is king. My plan is to buy cash, rehab (basic), rent, HELOC, repeat. I think cash would work better than fin...
Steven Lewis
How to Handle Cash Flow After Reserves Are Met
Hello Everyone!My question is pretty start forward. I am currently getting our former primary residence ready to become our first rental and am working through some strategies. I also subscribe to the 50% rule for exp...
Zane K.
200k Seeking Cash Flow!
Hi Everyone,
This is my first time posting so I apologize if this is the wrong forum.
I live in California and like many California Investors prices are just too high in the area I live. I am looking for my first ...
Robbie Pollard
FIRST TIME FLIPPER(Memphis,TN)
I have a $45,000 cash budget (this includes purchase and rehab)and i'm thinking about investing in a govt. foreclosure or REO in the memphis market. I've looked at over 50 houses in various areas of the Memphis marke...
Ac Choudhary
Purchased multiple properties, what would be the best route to finance?
Ive puchased 14 homes during the meltdown. Purchase and rehabs were all self financed, and they have all been producing steady rent, 92% collection since 2010. I've depleted most of my funds and wanted to explore op...
Raad Qumsieh
Inspection Contingency
Tricky Question, hopefully you would be able to help me out here.I am putting a "counter offer" tomorrow for Highest and Best offer on an REO Single Family. This is my FIRST DEAL if it goes thru (fingers crossed!). N...
Mike B.
Stick with HELOC or cash out refi?
Hello, I started on my real estate path this year. Since June, I have purchased 5 buildings (7 units), all purchased with a HELOC that I have on my own residence. Today that rate is at 5% (up from 4.5% when I opened i...
Jorge Leon Jr
Cash vs HELOC for brrrrr strategy
Hello again BP membersI have recently discovered how to pick up not so bad REO SFR’s to flip and rent out (or flip and sale .. not my thing though) with basically using the brrrr methodMy question is more of which is ...
Mic Nguyen
Should I buy this?
I have a deal I think is very profitable. I have an option on a 2 story 4 plex. 1100 sq ft each. Purchase price is 90k and needs 30k in rehab. Going rent in the complex (5 other buildings in complex) is 650.00 per uni...
Kat Hughes
Refi to drop MIP (but possibly have higher interest rate) or not?
Hi! New to bigger pockets and would love some advice on refinancing or not...We bought a $640K Multi Family home in 2012 (north hollywood, Ca) with a 3.5% interest rate, FHA loan.We refinanced in 2015 and took out 10...