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Hi y’all! My name is Saudi and I’m just starting out on real estate investing. I just returned from a trip to Detroit, Cleveland, Toledo and Cincinnati to check out those markets. Almost closed on a duplex but backed ...
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Hey everyone! I'm starting the process of looking for my first investment property in the Tampa Bay area. Due to the increase of interest rates currently, do you all see HELOCs as a good option for a downpayment on a...
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Listing price for the property is 1,499,900 and it contains 4 duplexes and 2 quads. I am trying to figure out how to get financing for this property and how to get creative to obtain deposit. I am almost done remodeli...
Hello,
I'm a new investor trying to get started in San Antonio. I'm looking for strategies that will cash flow in this market and coming up short other than doing an STR. Since i'm going to be living in it as an ...
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Hi BP community! I have been studying, researching, reading, podcasting, basically all the things to prepare for my first go at REI. I am a single mom who is fortunate enough to still live at home, with a steady incom...
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I am new to BP and new to investing in real estate. I have saved a bit of cash and am looking to buy my first property to rent out - my goal is to build a real estate portfolio that builds my passive income to 5,000$/...
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I'm getting conflicting information on earnest money down for getting a property under contract. I'm told that 10% EM is the standard in TN and that you have to prove funding before you lock a house under contract. Is...
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If you could share some of your stories of being young and needing credit or just facts that would be helpful.
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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 ...