I found a quadplex for $300,000. Rent is $3080, so it meets the 1% rule. I would put 20% down for 30 years, so it would cash flow about $288/mo by the 50% rule (less than the ideal $100/door). But it was built in 1998...
With the dollar plummeting to an all time low and predictions that it will continue to drop it seems like a good time for me to buy as I am currently in Europe and converting my Euros to dollars. However the dollar cr...
We have a good amount of equity in our primary home, is it a good idea to use a HELOC on that home to purchase our first and possible second investment property?
Hello BPConsidering buying our first home as a primary residence. We want to start a family and move into a house we can call home.With interest rates so low, we can get a great rate on a 15-year mortgage.However, we ...
Hi everyone,
I've got about 100K to invest in a downpayment and am looking for long term buy and hold opportunities in Northern California. The Bay Area is expensive, and although you might have a better cha...
I recently posted an MTR. I haven't received any bookings yet. I'm trying to contact hospitals and insurance claims. I've put the property on Airbnb, facebook marketplace, padsplit, etc. How fast did you guys get a bo...
Hello Fellow Bigger Pockets members,
My name is Mikael and I have lived about 4 years in Playa Del Carmen Mexico. I´m completely new to real estate investments and have joined this forum in hope of finding ...
Hey guys, Q: Say there is a downturn/market correction in the next year or two, what's the best strategy today if you're hungry to get involved with REI? I hear time and time again from podcasts & advice online th...
I'm trying to plan out my next buy, but my savings alone would take me forever to save for a conventional loan down payment. I did some amortization calcs on my current house loan and see that at the rate I am saving ...
Is anyone out there seeing cash flow with single family home investing? Are we ignorant to avoid cash-flowing multi-family properties? Hi Everyone! My husband and I are newbies to real estate investing and we are tr...