Scott Barber
New Into - Hard Money Question
1 August 2019 | 8 replies
NO legit lender is going to send you a PM on BP or linkdin or any other social media.. you have to engage lenders they don't engage you. other than maybe talking on the open forum and clearly having their business name and e mail or other pertinent in their salutation.
Sarah M.
1st BRRRR- Refi Question
23 April 2019 | 6 replies
These type of lenders have their products designed for RE-investors, so you see things like higher leverage and shorter seasoning and your personal income is not factored into the underwriting, which typically is a HUGE deal for RE-investors.
Wayne Smith
[Calc Review] This was my 1st Investment - Did I hit a home run?
24 April 2019 | 10 replies
This one was purchased from an older landlord looking to liquidate some properties and I gained a good private financing relationship out of the deal to boot.
Kory Attleson
New Member of BP in West Des Moines
23 April 2019 | 3 replies
A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
Andy Chen
Single Family Rental now Cash Flowing
26 April 2019 | 2 replies
And that for an asset that is much less liquid than stocks.
Jacob Larsen
Window replacement installer recommendations in the area?
26 April 2019 | 5 replies
They have a couple different product lines depending on what you're looking for.
William Goodlett
what should I do: BRRR or try to use Business loans
29 April 2019 | 4 replies
@William Goodlett I'm not a CPA (so consult yours), but if you have a single-member LLC, the LLC will be considered disregarded anyways and everything will fall on your personal Schedule C (for the business), or Schedule E (for the real estate).
Larry Majkrzak
Transitioning to RE Agent - Dual Career?
6 May 2019 | 8 replies
Capital is the only thing that has held me back from my own investing, and now that I'm going full time as a Realtor, I've hustled my way into an opportunity to also begin cash investing with liquid capital, something I thought I was at least 2 years from.So on paper....technically, I've sold three properties covering both sides on one.
Patrick Sears
Originating notes and tax burden
26 April 2019 | 4 replies
Anyone have experience as a business owner who regulary sells inventory product to the public in how to deal with handing so much of your hard-earned money to Uncle Sam?
Neha Shah
BRRR for Rental - What's the best option?
1 May 2019 | 3 replies
Now worth about 1.1-1.2m.We also have a decent amount of liquid cash in savings, but a lot of that will be going to our new primary residence that we will purchase in about year.Does BRRR make sense for us?