Hello All,I think everyone can agree that investing in real estate, no matter how savvy you are, requires capital. Saving up any amount of money can present challenges, regardless of your financial position. In real e...
My first home I purchased in 2010 as a foreclosure. I renovated and had my roommates move-in with me. A few years later I decided to refi and was able to take a significant amount of equity. My first BRRR without real...
Hello everyone!I would love to hear some of the sacrifices you all have made in pursuit of your real estate dreams! I have had a heck of a first month in "full time" real estate so here goes mine::Currently, I do re...
What are some of the wildest things you've heard of people buying ,selling, doing to get another property? I'm asking because I find myself with a lot of wants and not necessarily needs ie motorcycles, sports cars.
Which would you rather sacrifice in your numbers? Cash flow or cash on cash return?i.e. Your goal is to have a minimum of $200 cash flow per door and a minimum of 12% cash on cash returnIt is possible to have above 12...
Hopefully this is in the right section. Mods, feel free to move if it's not.
I've been reading on this site now for well over 8 months, and recently joined so I could communicate with some of these great mi...
Would you sacrifice $200 a month cash flow on 1 property for $30,000 cash out refi? The property would still cash flow but would not be making much then if I cashed out max. Rate would be around 4.7 fixed 30 year.
I'm analyzing a BRRRR in Wilmington, NC of a 1100 sqft, currently 3BR/1.5BA one story brick ranch. In the master, there is an attached 1/2 bath and a walk in closet. I'm considering converting the bath to a full an...
Hello BP community. I’m looking to purchase my first multi family home. However it’s been a challenge looking to find properties that cash flow beautifully in my part of town. My question is when is it okay to sacrifi...
Since the interest rates dropped I decided to refinance my rental property into a 15 year mortgage which raised my mortgage $200. The mortgage now is $1200 and im receiving $1750 per month in rent. I just received the...