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17 January 2025 | 7 replies
For those who’ve structured wraparound mortgages, what strategies have you used to avoid triggering the due-on-sale clause?
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13 February 2025 | 17 replies
But the real difference comes down to what actually drives revenue.For example, splurging on a mural in a one-bedroom rental for travel nurses won’t necessarily increase bookings (unless they’re influencers and you have a social media strategy for your rental).
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26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
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23 January 2025 | 10 replies
@Tanner Davis If you want to pursue either a fix/flip or BRRRR strategy, it sounds like you might need to find a partner/investor that knows you well and believes enough in you as a person to invest money in a project.
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8 February 2025 | 22 replies
The buyer ended up buying and reconverting to a single family, and doubled his purchase price.Yeah, that's actually a really good and in-the-now viable strategy.
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17 January 2025 | 22 replies
Quote from @Martti Eckert: Hi Bigger Pockets community -I am interested in pursuing the BRRRR strategy in one of several Ohio markets this year.
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17 January 2025 | 9 replies
I don't expect to know everything by then, but I hope to develop a basic strategy that prevents me from making the most common and costly mistakes that a newbie can make.
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16 January 2025 | 1 reply
Whether it’s sharing strategies or collaborating on deals, there’s always value in teaming up.Feel free to reach out, and let’s see how we can make things happen!
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1 January 2025 | 3 replies
My idea to achieve this is to convert the studio into a short-term rental.I’m trying to determine if I’m forcing this deal to work by relying on the short-term rental strategy or if it’s a reasonable approach given the numbers.
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19 January 2025 | 7 replies
You will get some of these as well (This inquiry was for one of my 1500 SF 2 Bed + home office units)..... but by no means does this investment strategy warrant paying for a course.