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I was curious if this was a thing where a person buys a duplex, does a lil upgrading on it, lets it appreciate for a year or two and then sells it for a profit. Then the person does a 10-31 exchange and rolls the prof...
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Investment Info:
Single-family residence buy & hold investment in Halethorpe.
Purchase price: $121,000
Purchase Price: 121K
Rehab: 15k
Holding Costs: 5K
Appraised: 200k
Monthly cash flow: $350
Over...
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I've been reading a lot lately on automating your real estate business. This is great for me not only for the obvious reasons, but for the fact that I have two small kids at home that I'm in charge of several days a w...
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Hi all- My name is Jess and I'm in NC about thirty minutes south of Raleigh. I've been a silversmith for seventeen years but am really wanting a life and career shift that offers additional fulfillment and financial ...
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I’m currently 19 living in Denver with my parents. I have a job making ~ 90k and I plan on moving to Texas sometime in the near future. I found an opportunity to purchase a property that would cash flow approximately ...
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Hey BP,If you had a single family rental with 250k worth of equity in it with a 2.625% interest rate, and about 800 a month in cashflow, would you trade it up for a 1 mil dollar property at 8% interest rate and 1600 w...
Hello Bigger Pockets!New member here, first time posting, and I just want to share my appreciation for this forum and in advance for any and all guidance! Apologies if it's a long post, I want to include as much relev...
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I am looking for advice on adding my next property. I currently have two condos with the following financials:Unit 1: cash flows positive $235/mo, with about 10 years left on the loan ($23k remaining at 3.84%)Unit 2: ...
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I am a retired 64-year-old with about $490k in a 401k. It seems like all the information, tips, strategies, etc. that I find on the subject are directed at folks for whom retirement is years (if not decades) away. In ...
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Hi BP community,We have a duplex that is well appreciated with only 20% LTV. We are thinking of doing a cash-out refinance to bring the LTV back to 75% and use the cash for purchasing 1 or 2 additional Duplexes, thus ...