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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...
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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...
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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...
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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...
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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%...
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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...
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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...
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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...
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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...