Looking to jump into my first REI deal, goal is to find a buy/hold property that will produce a good cash flow (eventually want to build a portfolio that will produce cash flow to replace my full-time job). I current...
Howdy,
I am an 18 year old high school student who has been interested in real estate investing since I was about 16. I am going off to college next year and want to start my real estate investment journey. I have re...
I am taking my first step into buying my first property and I am planning on buying a duplex - the cost is $135,000 and I currently have $30,000 saved as a down payment. I am pre-approved for a conventional loan. My...
I've been reading about how to use equity from investment properties as DP for new properties but what about the equity in your current home? Due to low rates, we are refinancing our primary loan for our home and have...
I have a friend/investor to whom I have explained the BRRR method and he has voiced his desire to invest. He said he is willing to put in a certain amount of capital and not expect ANY financial return for years to c...
Good afternoon BP
Im currently wrapping up reading Total Financial Awakening by Andrey Sokurec and Alex Delendik. The main character in the book Roger and his wife gets into real estate investing by buying someone's...
If you had it to do over again, and you had two options, what would you do for your first deal, which I'm sure would be a huge learning experience?
(1) Buy a SFR or small multi by yourself and finance it on your own
...
Hello. I just joined this group as I am looking for advice on purchasing my 1st investment beach condo. I am in contract and trying to decide the best options for the loan and down payment. I want to use my heloc f...
Random question! It's just recently occurred to me that I'm regularly holding $10k+ in security deposits. I'm sure many of you are holding $50k, $100k or $200k in security deposits. What would be a good place to pu...
Is this typical for a 6 unit condo building?