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All Forum Posts by: Diandre Pierce

Diandre Pierce has started 7 posts and replied 11 times.

how can I utilize my 6 houses and cross collateralize ?



Quote from @Dylan Martin:

Hey Diandre, 

Less than 30% Down for a Commercial property is nearly impossible to find, unless you have other properties to cross-collateralize. Your best bet is likely going to be trying to figure out some sort of seller-financing, or bring on a partner to the deal that can supply the additional cash. 


is there a Kick*** accountant here that can contact me (205) 239 4373

 Does any one have a lender that can do less than 20 percent on a commercial property in Alabama 

I have 5 houses renting and I am curious on what is next. I can save $9,000 a month and I am thinking of scaling but I am unsure how. or even to what. mobile home parks? apartment complexes? triple end lease. My goal is to be filthy rich and set my family up for generations. maybe I should pay the mortgages faster? anyone have any ideas?

Jan 2022 bought my first house in the city . House hacked and in June my wife bought her house and house hacked. I started a new job which allowed me to move in with my wife and rent the first house. February of 2023 I bought my third house . And was able to rent out the second house since my wife started a new job. All three were primary residences at first until life happened. My question. How do I get a fourth house. Or is there a way to use the three houses and maybe by an apartments building or a trailer park. How do I grow from here and not do anything shady?

I just bought an LLC and I have my EIN. I want to start building my business credit but I am at a lost to where to start or who to go to for help . Any advice would be appreciated

Hey guys. This is my first year reallly getting going and it’s going great. I am looking into 1031 exchanges and just making sure I’m optimizing my taxes. I am looking for a CPA. But I would prefer one suggested by bigger pockets over one suggested by google

Post: Money locked. Please help

Diandre PiercePosted
  • Posts 11
  • Votes 4

So I did move because my wife found a new job and we needed to be closer . Granted that was within a month of the first house but I read that qualified as sufficient reason to move and I was allowed to rent out the house early. 

I appreciate the feedback. I’m just a little impatient and I don’t want to stand in my own way from lack of knowledge. 15% down? Where can I find that. I keep getting a hard 25 percent even though my credit is 770

Post: Money locked. Please help

Diandre PiercePosted
  • Posts 11
  • Votes 4

Wife and I bought a house 170K in my name with first time home buyer mortgage 800 renting for 1800

i have another house 225k in her name with first time home buyer We live in mortgage 1400 house hacking it for 800 a month


we save 2000 a month from these properties
i can’t get a lender to lend me anything else until I have 6 months saved up on both houses and 25 percent of my next property .
does anyone know a way around that or a way I can do this better

I have 14000 on hand and I saved this all this year. I bought no the those properties this year. And everytime I bought one we were at virtually zero. I can save like no other. I just don’t want to wait to save almost 100k before I can make a move

Post: I’m stuck. Money locked

Diandre PiercePosted
  • Posts 11
  • Votes 4

Furthermore this all happened this year and I currently have 14000 cash on hand. Which isn’t bad since I started at 0 everytime I had to put a down payment down . Just want to make sure I give as much insight as possible