The eidl loan appears to have a low interest rate. Can I use this loan to apply to my mortgages? Will it be difficult to qualify for a eidl loan that will pay my mortgages in full? It seems the loan is 30 years at ...
For those of you who have done a deal recently, I’m curious what the cap rate is in your city. City?Single Family or Multifamily?Cap Rate?Property Class?Purchase Price?I’ll go first:PhoenixSingle Family 6% CapClass A$...
Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
Just curious . . . how many of you would be willing to tell others about your actual real estate portfolio?
Basically, I'm curious about people's attitudes about sharing this information in public.
So -- would you?
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Hello All!
My questions for the day is about buy and hold basics. I'm a bullets kind of guy so here it goes:
What is considered a "good" cash flow for a single family rental home... $50? $100 $200? In...
Hello everyone, I have a question for some professionals and financially savvy people. I want to get started in real estate and I know first I need to get my finances in order, and I have always been great financially...
So my standard rei strategy is buy and hold rentals. That works for me a my goals for a number of reasons. One reason is that it fits well with my also having a full-time W2 career.
In my W2 world, I am in the pro...
Hey biggerpockets community!It's a done deal we have closed on our first duplex and first investment property. We are very excited and a little (or a lot) nervous at the same time.We bought our duplex for roughly $80...
good day
This message is sort of a hybrid "introduce / newbie" question so I hope I've put it in the correct place. I'm 43, I've been dreaming about investing in real estate for years, but with a recent in...
So I currently have one rental property. It is under my name and not an LLC, but I plan to create an LLC and quit-claim it very soon (any advise on this would be greatly appreciated).I have been using my personal che...