Alex D'Anjou
BRRRR vs flipping - IRR calculation tells me flipping is better?
Hi All,Question from a newbie here on the strategy of BRRRR vs Flipping.My wife and I bought a condo in Metrowest Boston in March 2020 for $132,000 in cash, rehabbed it for approx $20,000 and its current value is appr...
Erick Sembrano
Conventional loan Owner Occupied 2Fam - is low DP ~5% exists?
My wife and I are currently looking for our next house hack and searching for a 2 family in the Greater Boston Area and surrounding cities north of Boston, Massachusetts. Previously when we bought our first owner occu...
Account Closed
Beginner Investor Looking To Purchase Multi-Family With Va Loan
Hello everyone, I'm looking to gain some insight on using my VA Loan to purchase my first multi-family home here in San Diego, CA. A little bit about me, My wife & I are currently active duty serving in the Navy a...
Steve Stuart
Should I Sell for a $1M profit
Here's what I've got:
Decent size portfolio (60 units now) .... most MF buildings, all long term rentals but most zoned short term and less than a block to the beach. Intentions of growing it to 100 in the next 24 mo...
Rehankhan Daya
Start to Finish, Steps to Invest in Multifamily Properties
Hello BP Nation, my name is Rehan and I am new to real estate investing. I started by learning with BP books and podcasts and still have so many questions on the process of buying your first property. Below are the st...
Rachel Luoto
Flip Partnership Strategy - Good idea?
Hi!I haven't seen anyone do this yet...I have a friend who wants to be my cash partner. I have some real estate experience but would like some more guidance before tackling a full blown flip, especially with someone e...
Danielle Coleman
Take a mortgage out on our home ?
We paid cash for the home we currently live in. Wondering if it makes sense to get a mortgage on it and pull cash out to buy another home to live in or buy an investment property so we can take advantage of the low i...
Lucien Perreault
Decisions for expansion
Good Evening BP,
I'm looking for some input on the situation I'm in.
I currently own a 4 unit building in Roscoe Village, Chicago, IL. I bought it last year for 985k with a no money down VA loan. The loan amount end...
Joe M.
How do you "pay yourself?"
What do you guys and gals do with your cash flow?How much do you have in reserves before you pay yourself? Do you have a formula? Do you pay off quicker?Just curious how others use their money.
Mike D.
tenant question
So what type of people do you usually end up with in your rentals? What are their professions/jobs? I'm trying to gain some perspective on the types of people that make good tenants(I know working class/steady jobs). ...