I am looking at taking out a 401k loan to give me enough money to put the money down and fund the needed rehab on an off-market property. The 401k loan max is $50,000, paid over 5 years, which is the amount I would p...
I have heard of a snowball strategy of paying off rental properties that can speed up the number of doors you can acquire over time. Can this strategy work with partners in which 2 - 4 people put in enough to purchase...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $77
Cash invested: $46,942
This property we aquired as a "Sub-To". The Seller had vacated the property. Then squate...
My partner and I put in an offer on an investment property yesterday. We had gotten pre-approval for an conventional investment mortgage. Well, after putting in the offer, I found out that for this type of mortgage gi...
Hi everyone My name is josh (20 yrs old) and I am newer to real estate investing. I am under contract with a duplex set to close in the next 2 weeks That I am going to house hack. I bought the property for 230,000 wit...
Hello, I currently own a duplex. I live in one side and the other is rented . I would love to buy another property either a single family or another duplex but I am not qualified for a mortgage because of my debt rati...
I currently own one 3-unit building and one 6-unit building. I have the option to purchase another multi-unit building. I have cash for a commercial down payment, but wanted to know if I could do it another way? I ha...
Hello everyone,I'm currently house hacking in the DFW area and looking to acquire my next property by house hacking the next. When I got this 1st property I was working full time and was able to do a primary conventio...
Good Afternoon All!
I am a brand new to the investing world. I have listened to many podcasts on the biggerpockets podcast. I just recently bought my first property in Nov '23 just outside of Chicago, IL with an FHA...
Hi everyone.
The drywalls in a vacant house were fixed and re-painted. I offered no-drilling curtain rods to the new tenants. They wanted to install their own double-rod ones, and doubted if mine would hold blackout ...