Hello,
I'm a 24-year-old newbie in investing but extremely serious and dedicated to making real estate investment my career. I've had the opportunity to work for/with a number of very seasoned and successful investor...
To start, I'm assuming a 4plex purchase price of $250,000, cash flow of $1k/month, an additional $1k/mo from personal income, and ~$14k starting funds. This would be the first purchase and bought using a VA loan @ 3.7...
my wife and I just bought a house and it appraised for 43k over what we're buying it for at closing. we are in the process of renovating that house so hopefully we can increase that value even further. I've been look...
The debate on the efficacy of REI investing over a 401(k) has raged for a long time on BiggerPockets. Thanks to a message from @Christopher Throop, I revisited the topic when he let me know a file I used during an ear...
I posted on the multi-family forum a month or so ago regarding the multi-family 50+ unit market heating up. We've lost out on many offers from buildings ranging from 20-150 units. I've been mainly focused on Cinc...
I’m thinking of flipping houses with a builder/handyman. I told him if he could find good off market deals, I would finance the rehabs. I told him I’d be interested if we could split the profit 50/50. But all I am is ...
This has been a question I've been debating myself recently, and I was wondering what BP's thoughts were:The situation: Your LLC owns and manages approximately 100 units within the same area. You have enough funds to ...
Fellow investors! After you acquired your first multiplex property, how and when did you acquire your second? How did you leverage your first to get your second property? What does the bank look for when lending yo...
Hi All,I'm looking to buy my first multi-residential/commercial property but so far it's been very challenging and time-consuming to find a great opportunity. I'm wondering if there are any CCIM designated broker, rea...
I want to hear the story of some of your creative real estate purchases and I'll share one of my own. I hope it inspires newbies to get creative and not be held back by the cash on hand in their bank account.1) Found...