Kenneth S.
With current high interest rates, should I put $260K into one 3/2 rental, or two?
Looking for feedback on my particular scenario. I am selling an existing investment property because of the distance to where I live, and plan to acquire 1 or 2 investment properties closer to me. I will net around $2...
Johnathan Norman
What Cap rate to use for property valuation?
So I am considering purchasing a small 6 unit apartment complex in Cleveland, OH all cash. The rents are below market and i feel with a little work the building could at minimum at market rates. Then after a year or s...
Monique Carrillo
HOW TO GET OUT OF A BALLOON PAYMENT
Hey guys, my aunt had a paid off house until her son took out a large sum of money against it they refinanced, then 2008 happened and my aunt did a home remod. long story short that paid off house now owes 350k with a...
Austin Cooke
BRRRR investor horror stories.
I have heard all the good about the BRRRR strategy. I'd love to hear some of the bad. Especially in today's markets with renters not being able to afford rent and air bnb booking contracting from nearly 600,000 bookin...
Gabriel Gatica
Leveraging Paid off Rental Homes
I don't consider myself a RE Inv. but by accident, I have two paid off rental homes. How should I use them to grow my RE portfolio? Should I do a home equity loan, a HELOC, or both to leverage them and use the equity ...
Cameron Ware
🏡 From Empty Property to Cash Flow King: Celebrating Our Latest BRRRR Success Story!
Hey BiggerPockets community!
I'm thrilled to share a remarkable success story from one of my valued clients who recently embarked on their real estate journey using the BRRRR strategy. 🚀
Meet Elliot, a new investor ...
Shahzad Ali
Mortgage Points necessary to pay
Hello everybody,
So shopping for a mortgage after getting an accepted offer i find out that we have to pay mortgage points on top of the closing cost when getting a mortgage. Is there a way to bypassing that?
Steve Sorensen
Seller Financing Examples
I have a seller financing opportunity that I'd like to pursue. I'm looking for some examples of terms that have worked for people:
Any down payment?Interest rate on the loan?Term (years) of the loan?Any other terms I...
Ajay Malhotra
Best way to Finance a BRRRR
I found a deal and am working with a friend who has a full service vertically integrated firm to buy, rehab and rent a propertySingle family homeAsk = 125, tot after wholesale and closing = 134Rehab = 253-4 weeks reha...
Alba Cheung
cash out refinancing, should I use interest-only option?
Hi, I have 2 rentals in GA with about a total 150K equity. Both rentals have good cash flows, and both loans are in 4% interest range. Should I refinance them and use the interest-only option? I need cash to reinves...