So a year ago I made my first post here on bigger pockets. After seeking advice here on BP one of the PRO members told me I needed to slow down and educate myself. I have listened to all of the podcasts here on BP and...
After reading several post on the subject I'm still a little confused, please help.When buying property's from web base auction houses like HUBZU, they offer to split closing cost and they purchase title insurance for...
Hello all,
My name is Anthony and I'm new to BiggerPockets. I've been learning about real estate for some time, graduated in May '22 and recently purchased my first property. I'm looking at the financials of refinanc...
My house hacking plan is to get a distressed MFH using a FHA 203k loan with about 3.5-5% down, and fix up the property to increase my equity. I will have enough reserves to cover the holding costs as well as some left...
I own a single Cabin in a vacation town in WA state that I use as a family vacation home and STR. When I first bought it 5 years ago I lived 2 hours away, had never owned an STR before and worked full time so it made ...
Hello Fellow Investors!
I’m new to investing and I’ve been chomping at the bit to find a good way to start. Right now capital is at a minimum and I’m improving credit so while I start saving money and networking wit...
Hi all. Here is my current situation
Property 1: A recently purchased SFH in Raleigh. I put 20% down and have a 4.62% mortgage on the other 80%. The property cash flows $200/month. I have $4,000 in reserves for v...
I was looking for a first investment and as I was looking around I came across 9 houses that are cash flowing Gross 1.7-2% of their value
They seem to have strong rental histories but I'll be doing due diligence late...
I currently have enough in savings that I can fund roughly two down payments plus some rehab cost. I am trying to decide if I should go ahead and buy two, buy and hold properties and start cash flowing, or if I should...
The question is, if I take a personal loan from my credit union for $20K, 7 years at 11%, would that preclude me from using it for a downpayment, plus closing costs? I plan to season the money for several month's, whi...