Hi all-Currently debating on refinancing my primary mortgage (previously refinanced 4 years ago to a 15year @3.2%) to a new 15year @2.25% (Option #1) which would lower my monthly payment and increase Cash Flow. Optio...
Hey guys! Looking for some opinions here. I’m buying a SFR to rent out to college students in my area. This house is going to be a solid money maker, on a low end looking at 30% cash on cash return, and as high as 45%...
So here’s the breakdown. Let’s say I just bought 3 rental SFH properties this year cash flowing $500 each unit. That’s $1500 total per month in cash flow after paying all expenses, property Mgt, and mortgages etc.The ...
Good Evening everyone, First of all I hope everyone had a nice holiday break! My question is simple but just wanted to get some different opinions. So our home which we purchased about 2 years ago and have been living...
Hi all! I’m relatively new at this, have been doing tons of learning and saving and am getting myself ready for my first deal. Going all-in and committing to REI so my question is: about how long does it take to study...
Just purchased a 3/2 for a light fix n flip and considering adding a 4th small bedroom/office in the laundry room. The dimensions are 6'x11' with a small window and closet that takes up 3x3' of that space. I could mov...
Hi-As a first time poster, I would first just like to give a huge thank you to the Biggerpockets community. I came across Biggerpockets a few months ago and as I begin to get into managing multi-family properties I ca...
So rented out house as a student rental. Aimed for a group ended up filling with individual tenants. So not an ideal situation. I got property managers, their getting the boot in January from lack of putting in any ma...
First Post on this forum. I am going to be relocating out of state for work soon and have a question about the likelihood I would qualify for another loan. My wife and I both work but she will be quitting and becoming...
I ask this question because some would be investors have it completely twisted. Based on my observations, there are two kinds of investors.Those who buy for profit and those who buy for ???The people who buy for profi...