Hello, I was recently watching one of BP's videos on the BRRRR strategy and had a question about one specific aspect of this strategy.How is it that a property produces income and cash flow during the acquisition face...
Hi,As mentioned above, my dad's neighbor bought a place downtown and is looking to offload the property. I naturally raised my hand as interested but don't have the cash to buy it outright (this would be my first rent...
Hi BP community,First post ever! I've been reading up on the forums and listening to the BP podcasts, and switch from feeling really motivated to doubtful. I am a total rookie and would appreciate any insights into m...
I'm in the middle of pulling out equity from one investment property (HELOC or 2nd mortgage, whichever gives me the best rates and LTV) and then using that money to put a downpayment on a second property, thereby need...
Hello everyone, my name is Johnny I live outside of the Orlando area and its been a long dream of mine to get into real estate investing for a long time now, it has taken me this long to start because I thought you di...
I made a quick list of 39 local banks and credit unions.I figured I'd post it here to help anyone who wants to use it as an easy local 'cheat-sheet'. Feel free to share any experience you have had working with these l...
Hi Everyone,New to the investing community and still trying to educate ourselves more. My wife and I live in North Carolina. I work in RNC and she is a stay at home mom who does photography on the side. Recently we ha...
My wife and I own a 5 bed, 4ba 3200sqft on 1 acre in suburbs east of Seattle, bought 2013 for $385k. Refinanced in 2019 at 2.7 with some cash out, house appraised for 1.1 mil at that time, we owe $350k. This is our on...
Purchased the house with cash (3bd/2bth). The renovation cost was half personal money other half HELOC from other rental. The carry over cost with utilities and HELOC interest payments is about 1k a month. I still hav...
I have off market option for SFR in Medford Oregon for 95k. It is worth at least 210k and needs no work done. I asked a bank what they could do for me. They needed 15% down and closing costs.Is it a common overlay to...