I've done a few 1031 exchanges. I'm considering doing 2 more. Two of my rentals are becoming vacant in 1 and 2 months. They are my lowest performing properties appreciation wise, pretty good rent increases though. I'm...
This is our first full rehab. We are trying to use the BRRRR strategy. So far we have bought, rehab, and its on the market for renting. Then we will refinance after 6 months and repeat!!This is in the Southeast area o...
Hey folks, bit stuck on this deal and would appreciate any advice.
Purchase price: 60k
ARV: 80k
Rental: 1450/month
Property tax: 166
Vacancy: 7%
Capex: 5%
Maintenance & repair: 5%
Utilities: $150/month
Insuranc...
Hello all, this is my first post.I recently sold my first home and made a 100,00.00 profit. I am now in the hunt for a cash house for an investment property. "If you were me" what Avenue should I pursue? Do I buy a c...
I can't say enough times how much I LOVE Bigger Pockets and the fact that I have a place I can come to and ask these questions without having to weed through articles on google from potentially unreliable sources. I n...
We paid cash for the home we currently live in. Wondering if it makes sense to get a mortgage on it and pull cash out to buy another home to live in or buy an investment property so we can take advantage of the low i...
Hey everyone,My wife and I purchased our first multi family home in Feb 2022 for 495,000. We currently own 450,000. We purchased the home with FHA loan at 2.75 %Our rate is excellent but we are looking to purchase our...
Newbie investor here looking to do my first actual investment purchase. Currently looking into doing a BRRR or a buy and hold in the FL market. My wife and I have our old primary home that we recently moved out of and...
I'm coming up on a cash out refinance scenario and I'm a bit confused on one topic... What do I tell the lender regarding my property's estimated value when shopping around and beginning the process, before the apprai...
Something occurred to me today as my neighbor just sold his home for 200k more than he paid for it 18 months ago... beware of the cashout refinance. It is different this time. It always is. It is hard to recognize ...