Mike DeLeo
Analyzing Multifamily properties - Living in one, rent out the others
Morning BP Community,I am on the hunt for my first multifamily property deal, I want to get an FHA to finance the property, live in one unit and rent out the other(s). As I am analyzing figures for all different prope...
Adriana Sarocco
How to join industry
Hello everyone, My name is Adriana, and I am a new member to Bigger Pockets. I joined bigger pockets because I am trying to make a career switch from my current job as a management consultant to becoming a licensed re...
John Thompson
Ready for action
Hey BiggerPockets Community!I've been doing online research on real estate investing (mainly wholesaling) for a number of months now. I plan on attending my first REI meeting this month to learn more about the market ...
Courtney Downtain
Traditional or Roth IRA?
Hey BP team!I need some advice on how to pull my 401K for investing purposes. I want to be able to rollover a portion of my current employer's 401K into an IRA account, but all of the FAQ's I have read seem like a Rot...
Willy Ortiz
Newbie aspiring investor with questions
my wife and I have decided to move away from our hometown of San Diego due to rising home prices, stagnant wages, which basically makes it impossible for someone to begin investing without a large bit of capital, le...
Derrick McGregor
New to real estate need advice on wholsailing
what is a more effective way to find distressed houses and buyers
Bijan Gavahi
Renting an apartment, should I wait to invest?
So I want to get into rental property investing and I really want to get into house hacking so I can understand the business of it. The problem is that I currently rent my apartment and the lease is not up until May 2...
Wakes Andre
Should I pay mortgage, contribute to 401K or put aside and invest
I contribute to my 401K around $1500 every month before taxes. The company I work for contributes around $150 to it every month as well. I'm 35 and I have a 15 years mortgage for my primary residence. If I pay the add...
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haaaeeelllllppppp!!!!!!!!!!!!!!!!!
ok,
numbers!!!!! first let me give you numbers
(karla i hope you're listening)
$450k = asking price
$6000 = Rent roll = $7200 annual = $720k
Here is the sweet deal... (you thought that was it huh)
The property A...
Cliff T.
What's the Mortgage Paydown Sweet-Spot?
Purchase Price: $30kDown Payment: 20% or $6kMortgage Amount: $24kAPR: 5.5%Term: 15 yearsRepairs: $8kARV: $40k-ishRent: $700QUESTION: How much should I pay down this loan right off the bat with a 1.99% HELOC of $30k?I ...