Peter Amendola
Vacation Rental - Is 10% cash on cash too low for first STR?
Hello everyone!
This is my first post and excited to be part of the BP movement! My life was turned upside down exactly 2 weeks ago when my wife said that she will be getting laid off in the next 3 months.
Inst...
Dan M.
Paying off primary home to increase cash flow?
Dear community,So I have a really weird idea definitely not the normal "strategy" and Id like to hear the pros/ cons from everyone regarding this. I'm selling, yes selling! not cash out refinancing and maximizing my l...
Ryan Terrell
Underwriting major Rehab of 90 Units
I currently have an opportunity to purchase 96 multifamily units, 16 of which are newly renovated leaving 80 that need MAJOR rehab. We are talking full gut to the studs rehab. I am a General Contractor and I am comfo...
Joseph O'Sullivan
TSP Loans - Current Pros and Cons
Hi All,As I look at my options to finance my first RE deal, I was researching the early withdrawal penalty from TSP (Federal equivalent to 401K) and just learned that I can take out a TSP loan with no penalty, no tax ...
Joe Blakley
Buying Rentals in an Uncertain Market
Last week I pulled the plug on the purchase of a fourplex during inspection because the numbers weren't going to work out if the RE market dropped much and the property needed rehab the owner didn't want to deduct for...
Leandro Bongiovanni
Looking to get started in Real Estate investing
Hello everybody this is my first post and I sincerely appreciate any feedback. I am 24 years old working a (mostly) cash job so my income on paper is insufficient for a loan and my credit isn't great. I recently came ...
Laura DelGuidice
Bethlehem PA
Is Bethlehem PA worth investing in? I don't see a big job market or employment versus NJ. Is the population expected to grow or are people migrating from PA to a stronger financial district or another area to retire??
Jason Guyton
New to the game, but have a nest egg to invest
I'm almost 50 and just woke up to the power of REI. Kicking myself for not learning about this 30 years ago. But here I am, and I have a decent pile of cash ($120K) and a pretty good 401K. So I'm in a great positio...
David Easing
How do people amass large amounts of wealth?
Hello,
I've spent some time reading these forums and more than once I've heard of middle or upper middle class real estate investors amassing large amounts of wealth, $5-10M net worth, over periods of 10 or...
Erere Ovirevarie
Need help on multi family investment
My name is Erere,I join BP 2020 with the intention to learn about the best investment strategy in real estate ,I realized then that I can only start with multi family for house hacking and my job then was not up to 2...