I got my first multi-unit rental last year, cash flowing well, looking to BRRRR on my next. I know the rules (1%, 70%, etc) are just guidelines, but I'm looking for clarity on how to apply them. I'm getting hung up on...
Hi, want to put part into 1031 and part not. Was thinking of doing two transactions. Some have a big gain. Those go to 1031. Others have smaller gain. Those not into 1031 so we can have some free and clear money. Wi...
I’m looking to purchase another property and rent this current one out how can I do this when my debt to income is already so high and almost maxed. I’m confused on how people can have so many rentals lol
Good Afternoon All,Forgive my "newbie-ness".Up until now I was using my own cash to buy, fix, and flip/rent properties, and shied away from using lenders. I've since reconsidered, as I know utilizing loans can help gr...
I’m on my first investment property with aspersions to purchase my second with 4-6months. Should refinancing now to fund the cost of rehab on my existing property, plus funding the cost of the new purchase wise in our...
Hey everyone!My wife and I recently bought our first multi family. It’s a three family and two units are rented and we are going to rehab and live in the third unit temporarily. We got an FHA loan on the property and ...
Hi all,Myself and my wife Abby are new to BP. We live in the Southern Pines area near Fayetteville, NC, where we are working on building a portfolio of single family and multi family rental properties. So far, we own ...
Hey BP I have been searching for a bank that can refinance on my commercial property and not finding any luck doing so, why??
Hello BP,This is my first post and I am new to the website/real estate investing. I have been in my current home for almost 6 years (Mechanicsburg, PA). We purchased the house for $136,000 and recently had it appraise...
i closed on my first rental last month. i replaced the electric service and upgraded the kitchen. my first tenant is in and rent will be paid by end of month! i own the house free and clear and i want to obtain a...