Wa Chan
Out of state BRRRR?!!
Hello all,
Currently, my fiance and I are currently house hacking our first property. We added a room, along with a few other renovations, and now have 3 roommates (4 bd, 2 ba). Not ideal but worth the grind 100%! Li...
Account Closed
New to BP! Looking to do my 2nd deal and wanting advice!
Hi all! I bought my first condo when i was 22 with my mom as a cosigner. I have that property rented in Colorado and am now looking to buy my first single family with rental potential. My idea is to buy a single famil...
Olivier H.
Would you buy first Primary Residence or Investment and why ?
Hi everyone,Been a long time observer but this is my first post so please excuse me for going back to basics I’m trying to figure out what’s the best strategy to start and if in your opinion you should buy your first ...
Reid Beckers
BRRRR: No number seems to work. Need advise.
I’ll try to keep this post simple, if not short.
My wife and I have been educating ourselves, listening to RE podcasts, reading books and BiggerPockets. We have some savings and a Pre-approval letter ready and we al...
Marimar Hernandez
I have 100K - New to investing. What should I do?
Hello,
I am brand new to investing. My husband and I bought our first house when we were 22; using my parents as co-signers.
Now, we are 25 and we have rented our 4 bedroom house and moved back with his parents to sa...
Suzanna Lam
Refi CO with subject to deal
Hi,Out of curiosity, has any one had this situation before?Borrower purchased a SFH 2 months ago as investment property, took the project subject to a 1st loan of $100K and a HELOC of $100K and the rest in cash of $50...
Santiago Flores-Alvarez
Cash Offers...where does the cash come from!?
Hello everyone!
I constantly hear and read of investors making all cash offers. However, I'm confused if it's actually that these investors have all that cash saved up or are they using some type of loan? How is it t...
Daniel Levine
buy and hold with little chance of appreciation
would you purchase a house that can reliably produce a 500.00 cash flow if there was little chance for any meaningful appreciation? A 40k house with 4 units, section 8, rents for 2000 per month. After expenses includi...
Josh Ambrose
Are Loans or Cash a better option?
I get this question alot and I see the benefits of both, With cash you have more negoiating power and you own it free and clear, and with loans you are borrowing at 5% and putting into a property that gets you 10-15% ...
N/A N/A
Financing my first deal
I've lined up my first property that will cost me $85,000. I'll be putting down 20%. This is a 3 unit property and it will not be owner occupied. I have about $350k in equity in my primary residence. Should I just...