Im looking for creative ways to accelerate my mortgage. I don't want to use my cash all at once, because I want to keep my reserves high.So I'm looking at ways of getting cheap cash. Im thinking of taking a cash...
Hello,I am looking to invest in multifamily (which the inventory is low in my area right now) for the first time but I am curious about the pros and cons of using a HELOC for the down payment?Thank you!
Hello BP!I am currently looking for my first rental in Salt Lake County, Utah. I have been drawn to the west area of Salt Lake County because of the lower property prices. I would say that the west area market has m...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $100,000
Cash invested: $5,000
I bought this Duplex and did light renovations to both Units. I refinanced it...
Do most of you insure your properties at real cash value or at replacement cost? Do any of you think it is worth the larger premiums to insure at replacement cost? My primary concern has always been liability from l...
I have always liked the idea of rental properties, but always thought it was out of my league. To make money, you must have money mentality. A couple months ago I stumbled onto Bigger Pockets via YouTube. I am hooked....
Hi GuysI'm a newbie and I'm confused with regards to the BRRRR strategy. If I'm looking for financing, do I use hard money to purchase a home, complete rehabs etc and then refinance using the bank's loan and to pay ba...
Hey BP,I have a good friend of mine who is currently going through a divorce. He has two options with the house1-sell and split the proceeds2-Keep the house and payout his spouses equity portion over the next 10 years...
I found a house in a neighborhood where the houses average $100,000. and the list price for this property is 50,000. I would probably offer around 46,000 or 47,000. I would like to borrow 60,000. with a potential of ...
I am rehabbing one apartment in a 1937 triplex in Los Angeles I just bought. Looks like the electricial wiring is original two cloth-insulated wires, although the kitchen and bathroom have three-prong GFI outlets. The...