
3 January 2023 | 6 replies
Howdy. I am a new member to BP, originally from San Antonio, TX currently living in New Braunfels, TX, and just starting out in REI. I've read to the guide to BRRRR from David Greene and I'm anxious to start assembl...

4 December 2022 | 1 reply
HELOC is best to get 20% down on another investment property to avoid PMI.Cons: you're tying up all of your capital into this one $525k deal - maybe consider using your equity as a down payment on 2-3 other homes (think of the concept of leveraging the bank's money with only 20% of your own); you can use the VA loan and keep that zero percent down which means the equity in your other 2 homes can be used in emergency situations (assuming you are financially sound enough to buy this $525k without needing to HELOC); remember, HELOCs are pushing 8% these days and they're adjustable and the Feds have already said they're raising rates in December.Being in nearly exactly your shoes, I plan on buying a primary residence with VA loan and 0% down then using equity in my other homes to buy other investment properties at 20% down.

24 January 2019 | 11 replies
That raised the appraised value on our property and led to a higher property tax bill!

21 December 2022 | 4 replies
Maybe they raise the full retirement age again a couple years for people retiring into the future.

14 March 2021 | 1 reply
Getting conflicting information and I want to stay within the law...what is the maximum I can raise my tenants rents?

27 January 2022 | 5 replies
Then, once the equity doubles (pus closing costs) my DP, I sell, I move my equity forward before I lose too much money with the rising equity.Joe raises a good point; consider a 1031 into a bigger/better property and repeat the process before the loan looses too much leverage.

20 December 2022 | 4 replies
Hi,What would be the best way to promote a new possible deal to investors if I am strictly trying to raise capital.

22 December 2022 | 13 replies
Like stated above, your leases are typically for a year and you can only raise rents once a year.

22 December 2022 | 2 replies
Immigrants, typically rent until they can create credit and raise equity to acquire.

19 December 2022 | 1 reply
In total my costs should range about $5500 and I may be able to raise the rent over time.