In the process of purchasing a 6 unit complex and the rents have not been raised in years. 4 units are 2/1, one is 2/2 and one is 3/1. The rents are as follows...
2/1 - $425(been this price for 15 years), 2/1 - $600...
Hello, everyone. My name is Joe and I am aspiring to be a succussful investor. I'm 19 years old and I'm in the process of financial freedom for my family and I. I am using real estate as a vehicle to reach my goal of ...
I would like to buy a $75,000 home putting 25,000 of my own cash into it and putting the remaining 50,000 on a business line of credit at 7% interest what do you think
We are struggling to lower our financing costs. I would prefer to work with a commercial bank who can give commercial real estate rates, like between 3.5-5% APR. Instead, because of our portfolio of single family home...
Is it better to buy older properties that are cheaper, with a higher return, and higher maintenance, or more expensive properties with lower returns and less maintenance?
Hi Everyone. I'm new and very eager to start investing. I am very interested in the BRRRR strategy but it seems like refinancing in my area would ruin any deal because the new mortgage would ruin the cashflow in almos...
I've noticed that quite a few brokerages say they will hire someone that doesn't currently have a license but is working towards one. Just curious about how this works since you have to be licensed in order to legally...
Hello all, I live in Portland, OR and have my eyes on Aberdeen, WA for some smaller single family investing. I would like to visit the market and am looking to connect with some people who know the market. Initially I...
I am new to the Bigger Pockets website but have listened to quite a few of their podcast. Trying to listen to podcast, research websites, and read as many books that I can to expand my knowledge. I am located in the C...
Hi all, I just closed on a property the day before yesterday. I found another one and is going to contract. I am a bit short of money for 25% down and I am thinking HELOC on the property on just closed property. Is th...