Derek Back
Should I do a cash out refinance on first rental property
I am new to the investment property game and just purchased a condo using a home equity loan (HELOC) off my personal house. The HELOC is for $80k and I purchased the condo for $75. The loan is interest only payback at...
Albert L.
no capital for 2nd deal. how does one stay productive?
Hey BP, We have unfortunately fallen in the typical newbie investor pitfall and deployed a good chunk of capital to our first deal are now struggling to find ways to do the second (most likely a BRRRR project so this ...
Quinn Morrissette
$1750 Cash flow - Financing First Deal?
Hi all, This is my first post on bigger pockets! I am looking at a muti-family in my hometown, an old mill town that is finally starting to see some appreciation (6% this year).Asking price is $200,000- 4 units. It wa...
Romeo Dixon
Help find funding for first fix and flip
Hello everyone,
I'm new to BiggerPockets, I got on here for the education, which I have learned a lot and I'm ready to do my first rehab project!
I recently found a group in my community that is a wholesaling team...
Laneetra Miller
Use home as first investment or use HELOC to purchase?
Hello everyone! I’ve been using bigger pockets for a while now and have just been trying to get as much info as possible. I finally feel like I am ready to purchase my first property but I kind of want some feedback f...
Alex Nameishi
Questions regarding cash out refi on my rental
Hey guys,I bought my 3 unit rental 3 years ago for 505k. I put 5% down with an fha loan at 2.4%. I’ve done a good amount of rehab myself and modernized the units. I live in one of the units and rent out the other 2. I...
Derek Levine
Buy-and-Hold in South Knoxville, TN
Investment Info:
Single-family residence buy & hold investment in Knoxville.
Purchase price: $102,000
Cash invested: $65,000
Solid concrete-block/stucco SF on 1-1/2 acres in beautiful, quiet area...
Chris Grenzig
16 Unit Heavy Value Add Jacksonville FL
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,170,000
Cash invested: $900,000
16 Unit Value-add property we significantly renovated spending $35k per ...
David Jiang
How to document cash payments to contractors?
What would be sufficient proof that a cash payment I make to a contractor is an expense for a project? I always have trouble with this as I do a lot of flips and have a few people who moonlight for me on their weekend...
Casey Johnson
Building my Own House, then using BRRRR
Good afternoon! I am new to real estate investing, but are ready to dive in. I am putting together a business plan to BRRRR at a professional scale. To put this in context, I own a construction, renovation company. We...