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10 January 2025 | 13 replies
The most important thing is to know the details of your local program like the back of your hand, then look for loopholes.Just to give you and the other BP'ers a deeper handle on why some TDR programs work and some don't, I just uploaded an excellent study on the topic to my FilePlace at http://www.biggerpockets.com/files/user/ChrisNewma...
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17 January 2025 | 35 replies
I know this is an old thread.I'd like to get a more recent opinion of these apps.I think the DFD options is very interesting.What we want to do is endorse one of these for our Real Estate Club in Greenville, SC and have a contest for our members to see who can find the most deals with the software.Maybe try and get a rep from the company we choose to come and speak at one of our in person meeting and also negotiate a longer trial window if possible for our members.
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13 January 2025 | 5 replies
Caution: Personal credit card financing is a huge risk and good luck finding 0 percent interest today.
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14 January 2025 | 5 replies
Is your goal to use being an agent for your own personal investments or actively try and grow your agent business to eventually leave your W2?
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26 January 2025 | 48 replies
Would love to hear how you’re handling things!
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30 January 2025 | 6 replies
I think this is a calculation a lot of homeowners are making right now--especially if they have a low interest mortgage, equity, and their house will cashflow as a rental.The choice is a personal one of course, but I think your future self will thank you if you pull out some equity from your existing home with a HELOC for the downpayment on the next house and a cushion renting your current home, use a property manager as you have other things to do, and buy the next house and do the same thing again.
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20 January 2025 | 5 replies
In theory, you could QT the property to an LLC in your name and enter into a lease with you personally.
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13 January 2025 | 7 replies
Buy it personally, and rent it full time to my C-corp?
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17 January 2025 | 7 replies
My team personally has pivoted to more local affordable housing with local and county grants and incentives and we'll leave the more complex LIHTC deals to the big firms.
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10 January 2025 | 12 replies
Point noted about not being able to underwrite without seeing things in person.