Mike G.
Investor carrot or lead propeller?
Hi guys n gals. So right to the point. I had the M5 for a while and it was good but it was expensive. I want to hear from members of the BP community. I'm a wholesaler.... new but educated. Has anyone here used inves...
Richard Warren
Money Merge Account?
Has anyone come across the Money Merge Account (MMA), which is being marketed by United First Financial?
The idea is to use a HELOC to prepay your first mortgage by timing additional payments. It is supposed to be be...
Gerrit Stukkie
Lease Option vs Buy Hold Analysis
I have a newbie question.What differences are there in analyzing a lease option property versus combining buy and hold analysis with a flip analysis?I want to have LO as an exit strategy along with Flip and Hold.I kno...
Elliott Kim
First-time Chicago multifamily in contract - Close or Pass?
Hello BiggerPockets,After about half a year of learning and searching for my first investment property, I've finally found a property which I plan to “house-hack”. We are in contract now and the inspection period ends...
Shannon Smith
USING ALL OF OUR SAVINGS TO BUY STR
We have $100,000 savings in the bank. We found an amazing and unique $500,000 house with 5,000 taxes. We can put 10% down and with closing costs spend about $75,000. We will easily spend the remaining $25,000 in misc ...
Blair Halver
Results of Postcard Mailing to Absentee Owners
Hi all,
I've been compiling my results from my postcard mailings to Absentee Owners over the past few years. Here's what I've been getting:
Average Call-In Rate: 10.67%
Average Voicemail Rate: 4.40%
My Call-In Rate...
Christopher Mooney
HELOC - Most Important Things To Consider?
Hi all,I'm just starting to research getting a HELOC on my primary residence to use for capital for BRRRR projects. What are some things you wish you knew before using a HELOC for BRRRR? What are the most important th...
Ana Marie B.
Home Equity Loan vs. HELOC for downpayment on next rental prop?
Hi BP! My husband and I live in the SF Bay Area where home prices have risen substantially in past years. We want to leverage some of our home equity and use that equity as down payment for our 2nd rental prop. We'...
Saeed J.
Looking for a less volatile market for my first investment property
Hi all,I'm planning to buy my first long term rental, a single family resident in the next 3-6 months. I'm in the Bay Area houses here are very expensive for me to start with. I have relatives in Houston, TX and did t...
Roy Williams
Help, Property worth less than half of LOC
Hello, I am new to the board need some advice. I purchased a dozen rental properties over the past 3 years during the times of easy money.
Once of my purchased was a double that I paid cash for. $29k purchase price....