Amanda Glendenning
Still attempting to understand BRRR
Ok, I need help understanding how BRRR works in this scenario. We recently purchased a distressed 2 br 1 bath home for 48,500.00 and rehab costs will be roughly 20k. The A.R.V is estimated to be 100,000.00 based on co...
Daniel Illescas
Analyzing Potential First Deal
Hi everyone, I am in my early twenties and looking to get into the real estate game. I am looking at purchasing a multi family property in Northern New Jersey, probably in the Bergen County/Hudson County area. When lo...
Paweł Wojnicz
1031 exchange - Tax Florida
Hello,
Can someone help me. I have 4 houses in Florida. One of them I want to sell and buy next house.
I want to do it as 1031 exchange and I have few questions can someone help me? Thanks so much!
My purchase pri...
Gade Chua
Need advice in investing in Florida area
Hi - I'm fairly new to BP and need some advice with investing in FL. We are planning to go down to Naples to look for properties. Is there an area in Naples where it could generate a good cash flow for rental properti...
Tim Pugh
Working Capital
Where can I find a Realtor friendly source for working capital to get my business going, and making money. The potential for me to make 10-20k a month in commissions is there, but I don't have the budget to put into l...
Chris Masons
Insurance company suing my tenants!?
So an interesting is happening in my little Real Estate world currently.... couple months ago I had tenants moving out who apparently didn't shut off waterline to fridge before moving it and as a result had a flood in...
Michael Henry
34-Unit Rooming Housing - Lease Option and Creative Financing
Lessons Learned from a 34-Unit Rooming Housing Project with a Lease Option and Creative Financing!Hey BiggerPockets! I wanted to share the rooming house project I completed with creative financing, how the numbers wor...
Udy Ekanem
Denied for a Mortgage
Hello BP, Just came across the site a few days ago and I'm grateful I did because I've learned a lot already. Tried to pre-qualify for a mortgage today and was denied. I have a lot of student loan which is my issue...
Bill Regan
Pay off Student Loan prior to Mortgage app?
Hi. I've got about $3,000 left to go on my student loan, with a payment of $156/month. I'm going to be applying for an FHA mortgage in July. Only other debt is a car loan of $200/month, credit over 750.Wondering if...
Daniel Shults
Cashflow, selling investment property
I'm trying to sell my investment property, can someone help me on my cash flow analysis based on numbers I provide? It's valued in the range of 90K-98K.
Rent:$950
PI:$450
Renters insurance: $68/Month
Taxes: $87/Month...