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So Dec. 2015 I started my real estate adventure. I'm a huge numbers guy so I love my spreadsheets and planning my financial future. Thus based on a 20% down per property mindset, I tried to gauge what I could realisti...
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@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...
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Hey everyone!
I have read a post about HELOC's before but couldn't really find an answer to the question. I'm curious if anyone has used a HELOC (home equity line of credit) to pay off their mortgage in larger chunks...
Hello everyone, I'm new here and new to real estate investing and I'm at a crossroads. I see three main paths ahead:1. Short Term Rental (in vs. out of state)2. Long-term single family (in vs. out of state)3. Multi-fa...
Hello Friends,As you see, I am a beginner in Real estate in general. I do have some savings ($100-200k) and would like to start my real estate career (part-time/semi-passive). I see that commercial real estate numbers...
I’m planning to put a down payment on possibly a duplex or triplex within NYC, preferably Brooklyn or Queens. Many people have suggested looking into other neighboring states due to the lower price, but I’ve lived in ...
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So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...
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Hi Everyone,
I'm just starting out and reading lots of real-estate books/podcasts/courses (or anything that I can get my hands on) to really be financially free.
The issue that I have is that since I'm just startin...
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Hello BP community!I'm Jason. I'm in my late 30's, married with a baby. We live in a home with a detached mother-in-law rental. I've enjoyed being a micro-landlord and the rental income has allowed us to live nearly m...
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Hi there BP community! I've been a silent stalker for quite a while now. I'm finally to the point of (after saving for a couple years) having enough in my savings account ($8,000) to buy and slowly house hack a 2-4 un...