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Results (10,000+)
Rick Im 2nd mortgage lender
17 January 2025 | 4 replies
Most (not all) HELOCs require that the property is titled to an individual (not LLC) and are full doc, meaning your employment history, income, DTI etc will be factors.
Saul Vargas I have $150k and equity on my home, looking 4 a property with some cashflow.
21 January 2025 | 11 replies
You have to be a serious individual that takes care business.
Erica A. Renters Stackable Washer and Dryer
29 January 2025 | 10 replies
I use the individual stackable units when I have space restrictions.
Ken M. Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Leslie L Meneus Networking? What do I do now?
9 January 2025 | 13 replies
I would like to connect with like minded individuals.
Jennifer Gill Do Not Call List - sick of calls!
24 January 2025 | 9 replies
The only "spam" calls I get are from individuals trying to buy my property (likely wholesalers).
Allende Hernandez Do you run screening in all the potential tenants?
22 January 2025 | 16 replies
Typically, we conduct background checks on only the individuals who are responsible for the lease (primary resident) and/or cosigners.
Ricky Moore First-Time Poster Seeking Advice: How to Approach Heir About Inherited Property
16 January 2025 | 2 replies
Hi BiggerPockets community,excited to connect with like-minded individuals who are passionate about real estate investing.
Don Konipol What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
20 January 2025 | 1 reply
Well, of course it depends on the individual circumstances, the amount of time comitted and the capital available.
Tyler Koller Baselane Vs Stessa
16 January 2025 | 31 replies
I'm using the heck out of virtual accounts and virtual cards, which is helping keep my finances much more organized for each individual property.