Marcus Cannady
How soon can I c/o refi a home that I'm rehabbing
In lieu of drumming up cash elsewhere I'm looking at cash out refinancing a home I'm currently rehabbing. I'm not overly concerned with max ARV at this point. Numbers: 113k purchase, ~40k rehab, 300k ARV. I have ~20-3...
Philip Williams
four closings in four weeks pt. 1
So my last post 7 building 20 units 18 months got a ton on support from the community. I didn't want to write what the actual numbers were until each closing actually went through. The first was yesterday on the six u...
Aubrielle Coldros
Short Term vs Long Term Rentals
Located in Fort Walton Beach Florida. Which rental variation is most profitable with given market?What about the off season vacancies? How does that affect the cash flow?Thank you all!
Eric Costa
New Member in Northern, New Jersey
Hello all,My name is Eric, residing in North Jersey on the outskirts of NYC. I'm a full time Truck driver for Movies and Television in NYC, and looking to break into the world of REI. My job offers a lot of down ti...
Suzanne Chan
Investing in out of state is it necessary to visit prior?
Hi I'm new to investing out of state and am looking at the Cleveland market. My business partner and I have invested in some homes in California and are selling one and doing a 1031 exchange. However through reading a...
Andrew Smith
Money for down payments
I have just started the process of trying to buy my first rental property. I have 22k in savings and was trying to find a house in the 90k-100k price range. The lender I talked to said I would need 34k for down paymen...
Natalie Schanne
Pitfalls? Avoiding Transfer Tax -Flipping WITH the original owner
What are the pitfalls to having a contract with an owner to "flip" his property while he still owns it 100%? Does anyone do this successfully to pocket more money and/or utilize owner "private financing"?For example: ...
Jeremy Moura
New to BP.
Hi, my name is Jeremy. I have been a member of BiggerPockets for a while now but this is my first post. I was born and raised in the East Bay Area. I grew up working in my father's general construction company doing e...
Gary Thao
FHA Fourplex Opportunity anaysis: FHA 3.5% vs Conventional 25%
I have the opportunity to purchase a fourplex using an FHA loan. A decent fourplex is ~$345k here in Portland, Oregon. Yes, it’s high and that’s just the way the market is. Typical rents are in the $725.00+ for a 2be...
Leyla Simsek
Perfect fix and flip property?
Good morning,I'm generally new to real estate investing, and I chose wholesaling as my niche. I came across a property which the owner said it was a "perfect fix and flip" opportunity in Sacramento, but later mentione...