Hello! I am a new investor looking to purchase my first property in Massachusetts or Rhode Island. I have built up enough savings to purchase a multifamily property with an FHA (3.5% down) loan or Fannie mac (5% down)...
So my venture into real estate investing at this moment may seem on the surface to be a dismal failure, but to me it is an opportunity at this moment. Why you ask, I will explain.
Currently I own 3 homes. First hou...
I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
Hello :)
I am an entrepreneur in the Raleigh area and I am new to the REI world. I am learning a lot and I love it. I feel like I should get my RE license just to know that side of the business but I have no desire t...
Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...
I am thinking about an SD IRA for the purchase of a rental property and my question is, I know that all of the rent payment goes back into the IRA but once it is paid off does the payment continue to go into the IRA o...
Hey everyone,In the last year I have completed my first 2 deals and now have 5 units total (living in one).In the last 2 years I have immersed myself in books, podcasts and this forum and have gained a lot of knowledg...
Hi all - I am working on establishing what I hope are realistic goals and trying to form a business plan around them. As I do so, and attempt to crunch numbers and look at listings for practice and to get a sense for ...
Hey everyone,I thought this was an interesting picture that supposedly shows the top cities that will have the most rent growth this year. Not surprised to see Indianapolis in the top 5. Indy has seen very steady rent...
Hi BiggerPockets!
My name is Leila, and I'm a 19 year old college student looking to
investing in a buy and hold property out of state. I would eventually
like to become financially free by 30 years old, living o...