Trying to follow all the good advise here, such as , buy for all cash, extract the equity out on a cash refi loan. Rinse and repeat. Sounds easy, but no one said the loan is based on my tax return income in order to...
New to bigger pockets itching to get started but no clue what to do. I have looked at a few properties already this week and going to look at another one today. First question from the new guy, I am all over the place...
Hi guys we are moving to Texas and I'm going to start investing in real state but because we know nothing about flipping houses or wholesaling we are buying a primary staying for a year and rent it out as soon as we a...
Hello everyone! I am trying to figure out if getting into real estate investing is a good fit for me in this stage of my life, and would appreciate your thoughts and suggestions!A little bit about me:I live in northe...
I'm looking at a condo to potentially use as LTR that faces a huge pond with no fence. I hate the idea of renting to tenants with children because of the danger. If I buy it, there is no practical way I could mitiga...
It is becoming more popular to underwrite deal and calculate the terminal cap rate by taking the current market cap rate and add .1% for every year it is held to make deals work. For example, if the market cap is 5.5%...
Hey Everyone,Situation: I am 25 year-old living in Rochester, NY with a Bachelors in Finance. Licensed RE Agent (although I do not do many deals) Work full-time (25k salary). One of my father's retirement account from...
Greetings,
I am under contract to buy my first fourplex in Anchorage Alaska. In this area inventory of available multi family units is low, rents are fairly high and it appears to be a bit of a sellers market. The un...
Hello again BP,Thank you in advance for taking time out of your busy days to consider my problem.A rental condo that I own in South Florida recently passed a new rule: a mandatory NON-REFUNDABLE move-in fee of $300. I...
Hello allI have a private lender who is looking to diversify his investment allocation/ currently all in stocks/401k. How can I form a deal that is beneficial to both he & I in regards to BRRRR strategy?He is int...