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I purchased a home in 2009 which I lived in for 6 months and rented out.
3/2/2 built 1999
Loan $101K 30yr 5% fixed
Payoff $90K
PITI $423 Biweekly $846 per month
Renting for $1050
Around $200 cash flow, $100 if you fo...
I recently started flipping real estate in my free time. 3 homes in just over a year. The last home I purchased I have decided to keep for my self and live in for several years. With the profit I made from my flips I ...
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Hi guys, i have been investing for a while and only recently (past 4/5 years) explored options outside of my comfort zone and luckily this has been with great success.
My previous model was as any first time ...
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Hey everybody,
Just decided to take the plunge and make an account after reading the blogs and forums the last few weeks. I'm so glad I stumbled across this site. This place is a wealth of information, and I...
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Hi BPI recently bought a duplex in March and inherited the tenant downstairs who has been there for about three years. They are a nice older couple with a college age son. They are respectful, keep a clean house and...
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Hello! my name is Darryl Louie and I am from Vancouver, BC. I have been on BP site for last couple of weeks lurking around and I finally decided to join the forums to educate myself more and maybe connect with other i...
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I have looking into financing and have come across this idea of doing an interest only loan to purchase a multi-family. The thinking is, I really don’t have a desire to own the property, but rather maximize the cash f...
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Hello,My husband and I are planning on purchasing his parents’ home and renting it out. The home in its current condition would sell for roughly $325K on the open market. His parents are planning to sell it to us for ...
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Ive been on the sidelines, of BP and REI for years now. First of all, thank you, to all the members of BP. You all have the greatest post in all of biz forums-land.
My family members were in mortgage banking with ...
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Hi, my name is Paul Harrison and I live in Lawton, Oklahoma. I stumbled across biggerpockets a short while ago after doing a search for real estate investing. Glad I found this site too.My experience in real estate ...