My wife and I want to get into real estate and wondering how we should go about it. Our current residents we still owe about $104,000, we have about $280,000 in equity. The value of the house is around $384,000. My in...
Hello All happy new years!So I would like to get the opinion of some experienced investors.My goal is to buy (3) three to four multifamilies.I inherited a 3 family fully paid off and own my current home.Between the tw...
Hello BiggerPockets friends,I guess I need some help in understanding the benefit and strategic advantage of cashing out appreciation on a property and using it to buy another property.If I appraise a property, I am b...
Hi BP Friends,
Currently I have 4 small investment SFHs under my name (each has a conventional loan). I am thinking of transferring these properties to my single member LLCs and getting them refinanced through portf...
Hello everyone,So one thing I've started doing recently is running different imaginary real estate deal through my head and on paper just to tory and get a sense for ways I could use the different real estate investme...
I just got a quote from our lender on a rental property. Is this typical with what you guys are seeing in your area? Also are you guys getting a better interest rate?5 year balloon at 5.711 interest rate Amortized ov...
Happy Sunday BP!I need some feedback from the community here, an intervention of sorts. I'm on the fence here regarding some options that I have so I'd like to lay my position on the table and get some feedback from ...
Hi everyone!My name is Bryce and I am brand new to BiggerPockets!I feel stuck and am looking for advice and strategy on my next investment, please help! Here is my situation...I am 28 years old and about 6 years ago I...
I already have my 1st investment property under an LLC owned by me and my wife, the property was purchased cash a few months ago. Is fully rehabbed and rented now with a nice cash flow.
My bank (BBT) initial...
Hey y'all;I'm looking for some advice on my first rental property purchase. The plan is to purchase this place for about 25k under value. It needs about 5k worth of repairs and a tenant in one of the 3 vacant units. A...