Hi Everyone, hope all is well. Wanted to get your thoughts on this deal, based on the following terms:My goal (caveat): 1st MFH deal, looking fora stabilized asset for moderate cash flow. Not looking to do any major v...
I'm under contract on a local house that I plan to turn into a legal duplex. It's 3/2 up and possibly 2/2 or 3/2 down. Deals are hard to come by in my market and this is at a good price and a good cash flow. The pr...
I am interested in opening an LLC in order to build credit for future real estate investments. I've read online about the benefits of opening LLCs in Wyoming but I still have several unanswered questions. 1. If I open...
I have a duplex rental under contract. I plan to close in two weeks. I am set to purchase the duplex outright with my SDIRA. My current custodian is prepared to wire the funds. If time allows, I'd like to create a Che...
I know the debate on leveraging has been raging for quite a while on this forum and there are several people who are pro leverage (Rich, Will, JScott) as long as it is used responsibly and there are others that talk a...
Hello everyone I am a newbie trying to get started. I have meet some very successful investors, some that have written books on how to invest in real estate both for flipping homes and cash flow. I have been told that...
Our HELOC on our primary finally came through and it appraised at the top of the market! We are pleased with that 1.25% minimum pmt at @7% interest, 10 year draw with a balloon at the end. We are excited but also ne...
Im closing on my first property next Friday (housing hack / using the basement for a STR). I’m looking to get my second property at the end of Q2 2021, and have been exploring turnkey properties.I’ve done the general ...
I am curious how you landed your first apartment complex? Did you have lots of experience in the real estate?Was it your first multi family purchase?Did you have a partner? I would like to buy my first apartment compl...
Hey BP Fam!
I've been gearing up for the last 6 months and am ready to pull the trigger on my first deal (a Hurricane Ida gutted SFH as a flip). But I am always lining up my next moves and am inspired when I hear pod...