17 April 2019 | 7 replies
I think my ninche right now is to learn more specifically about “House Hacking” and getting myself into position (financially/credit) to invest.
21 April 2019 | 6 replies
If you were to have 20-25% down a duplex can cash flow with you living in it but in order to have positive cash flow with 3.5% down you may want to look at a four plex.
17 April 2019 | 16 replies
Are you making positive cash flow on their rent vs repairs insurance and what you owe?
29 April 2019 | 16 replies
You are working from a huge disadvantage from this position.
17 April 2019 | 5 replies
Also, I am not aware of any hard money lenders taking second lien positions, perhaps you can secure a personal line of credit or partner with another investor.
18 April 2019 | 4 replies
Its almost like your complaining because you are mad that you sold instead of held.You don't even live there anymore so it doesn't affect you anymore,,at least I don't think it should.I am sorry BP is a very positive forum so I hate writing something that seems negative.
18 April 2019 | 9 replies
At some point, you have to look at your risk and leverage and not be in a position to blow it all up.
18 April 2019 | 2 replies
If you intend to grow your investments you must force your money to earn it's keep and let your tenants pay the mortgage.Additionally equity is always at risk in the event of a market down turn where as a leveraged property that does go upside down will still be making positive cash flow.
18 April 2019 | 6 replies
The outcome was a positive cash gain, longterm connections/friendships, and inspiration to move the next deal.
18 April 2019 | 22 replies
Very little appreciation in the area compare to other parts but yes cash flow is pretty good and if Casino is build Im sure it will have a positive impact but what if plans dont go forward would it still be a good deal??