I'm getting ready to buy my first place, a 2-flat, and I'm curious how I should look at my cashflows since I'm using a HELOC from my primary residence as a downpayment. If my CF on a monthly basis is enough to exactl...
Hello,My name is Drew and I'm interested in BiggerPockets and have listened to couple webinars and a hand full of podcasts. Im really interested in investing in the Dayton, Ohio area specifically the 45403 area. I've ...
My biggest question is should I purchase 2 small units or one large unit? I could get a duplex for $160k or a house for $140k. Any thoughts on this?
Hey everyone, we are looking at purchasing a property here in Bakersfield and I wanted to pole our fellow BP members here to see what percentage of cash-on-cash return you're accepting. The potential deal I'm looking...
Hi my BP Family!
I'm wondering if there's anyone on here or that you may know who has done tax deed sales here in Orlando. Would you be willing to talk about your experience?
Thanks for the help!
- Alvin
I'm considering purchasing an 8-unit multifamily property in , PA, listed for $600,000. The property has 8 units . All units are currently leased, generating a monthly gross income of $7,200 ($900 per unit). The prope...
So a little bit about my background before I dive in: I previously have owned rental properties before (back in 2018 - 2019). Those properties we all bought in cash (no leverage) they were lower end properties that ca...
Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
Hi BP! I'm putting together a proposal to raise funds for a downpayment. I'm hoping to raise $100k and then use it as a 20% dp for a small multi-family property. My proposal is to borrow the 100K at 10% interest for a...
Here is the scenario. I have a home that I’ve owned for 6 years. It’s worth about $380k and I owe about $240k. I want to strip out as much equity as possible. Today a wild idea occurred to me and I want to consult the...