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Results (10,000+)
Patrick Daly Advice from A Syndication Specialist!
24 October 2018 | 16 replies
Per the SEC, the category for non-accredited is 506(b) offering under regulation D and you would file a form D with the SEChttps://www.biggerpockets.com/blogs/10191/72197-private-placements-506-b-vs-506-c
Brian Dudash What's the best way to snow ball your REI portfolio? (Rental REI)
22 October 2018 | 14 replies
I've had a few discussions about the best way to create a plan in order to "snow ball" your way to owning many REI properties (buy and hold for rent).After Googling around and even reading blogs on this site, I've thought about doing something like the following:Buy my first rental property (SFH) with cash (around $60-70k) where I'd expect about $500 cashflow per monthCurrently I have about $105-110k available (after taking out an emergency fund)Then shortly after, buy my second rental property (SFH) but take out a mortgage and put down around 25% on a $60-70k houseThe cash flow on this property specifically would likely break even (at or near 0) but this would be on a 15 year mortgage and I can use some (or most) of the cash flow from the first to help pay down that mortgage faster, along with my corporate job monthly savings tooI feel I could pay it off anywhere from 5 - 10 years depending on the exact strategy If/When I get the 2nd one, then shortly after that, try and get a 3rd SFH rental property and continue this snow ball effect to build up by rental portfolioObviously this is easier said than done, along with risks and I honestly do not have any real experience with rental properties as this is my first time diving into this type of investing.My main questions would be -- Has anyone done a similar strategy to help build their portfolio quicker?
Melissa Anderson Hello from Fayetteville, NC
15 October 2018 | 4 replies
@Melissa AndersonWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.
David Rodriguez Newbie real estate invester from Long Island, NY
16 October 2018 | 4 replies
@David RodriguezWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.
Joel Senko Advice for a young investor/entrepreneur?
15 October 2018 | 4 replies
@Joel Senko hi Joel, I’m new also but what has been working for me is reading blog posts in the specific niche that you are interested in i.e.
Eric Oszczypala Daily investor routine
15 October 2018 | 1 reply
What newspaper, blog, websites etc.. are you reading to become a smarter investor? 
Ron Scroggins What is the step by step way to get started in wholesaling ?
15 October 2018 | 3 replies
Hi Ron,Since wholesaling is a very popular investment strategy, especially for newbies, there are a ton of articles and guides on the BiggerPockets blog and forum.
Juan Montesino Newbie New Jersey Essex County
20 November 2018 | 9 replies
@Juan MontesinoWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.
Peter Faulkner Fannie Mae & LLC's New Exemption
15 October 2018 | 0 replies
My mortgage broker shared this information with me and I thought I would share:http://workshopmortgage.com/blog/blog/2018/04/26/fannie-mae-an-llc-now-real-estate-investors-can-have-both/Actual guidance from Fannie:https://www.fanniemae.com/content/guide/servicing/d1/4.1/02.htmlP.S.
Jason Murray New member from Pickering, ON (just outside of Toronto)
25 October 2018 | 16 replies
Hello @Jason MurrayWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.