Tyler Smith
MFG Home $400k Sold for $600k
Investment Info:
Single-family residence fix & flip investment in Lakeside.
Purchase price: $398,000
Cash invested: $50,000
Sale price: $600,000
This was our first flip. I say "our" because m...
Bryan Covington
Relocating and Investing in Puerto Rico
My wife and I are planning to relocate from the mainland to Puerto Rico in 2022 for my job. She is a real estate agent and we are excited for the opportunity. We are looking to connect with other RE agents, investors,...
Griffin Brenseke
When buying your second property do you have to put 20% down?
I bought my first House Hack in February in Scottsdale, AZ. A 3 Bed 2 Bath that I converted into a 4 Bed 2 Bath. It’s going really well I’m bringing in $2450 a month and my mortgage is $1885. I’m looking to expand my ...
Brendon K.
Help? Contractor didn't close permits and installed bad stuff.
Hello folks,I got an offer on my house and it's supposed to close in a few weeks. I had the big three done by a contractor: a new roof, new siding, and new windows. They have been a massive pain to work with. We had t...
Jeff Moule
HELOC write-off when used for purchase of property
We used our existing HELOC for a 100% purchase of our latest rental property towards the end of last year. Can we write off the amount of the interest, $1446, as an expense for the rental property? The interest rate ...
Travis Jacobs
New Member from Las Vegas, NV
Hello, to all who may read this post!I'm brand new to biggerpockets but have heard of it's existence from George Gammon (real estate investor),and finally here to learn all I can and help bring a different perspective...
Joe Alonzo
Underwriter Denying refinancing bc heat source in home!
Recently purchased my 1st home in April 2019 , rehabbed it and now in the process of pulling the Equity out to purchase another home ( had no problem getting this 1st loan with the homes gas wall mounted heaters) ....
Brandon Forshaw
Next step?
So, here's my situation. I've got 2 rentals in central FL. Each is cash flowing about $250/month. I'm upside down on rental #1 and never plan to pay it off due to its value, but it's cash flowing so I'm ok with it. Re...
Ralph Soles
Housing market trends in New Jersey and New York
Good Evening fellow BP's
After doing some considerable research I have discovered to get into the New York City Housing Market is very hard to do as ether a Real Estate Agent or an investor. Is this a normal ...
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Looking for financing - perfect credit but not much cash
I'm curious as to which sources should I be looking at for obtaining financing on my first flip. Fortunately, I have excellent credit (765 fico), but my meager $60,000 salary doesn't leave much left over after paying ...