Clint Miller
Where Do You Find the Funds for the Down Payment?
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.
Dan N.
Can a Wyoming LLC own an investment property in ANY state?
9 January 2025 | 18 replies
There are some benefits to having an LLC on reduced liability, but there are more expenses.
Don M.
First time with new construction: Cape Coral, FL
20 January 2025 | 204 replies
For every day after the 30-days, the permit fee is reduced by 10% of the permit fee.
Vivien Martin
New member from the Chicago area!
18 January 2025 | 17 replies
This reduces your housing payment and helps you build equity.
Evan Haas
New to the forum, hoping to get started with a multi-family
16 January 2025 | 11 replies
Before we sold it we hired a management company to reduce the burden, but even then we decided to sell and walk away.
Alan Asriants
Why BRRRR is not an effective strategy today...
29 January 2025 | 43 replies
This growth fuels demand, drives appreciation, and ultimately makes strategies like BRRRR or cash-out refinancing viable over the long term.
Rolayne Taylor
New Beginnings 2025
24 January 2025 | 21 replies
A strong team can streamline processes and reduce headaches.Expand Knowledge: Podcasts and forums like BiggerPockets are great tools.
Lutfiya Mosley
The Multifamily Mindset program. Biggest regret of so many people. Is it a scam?
24 January 2025 | 35 replies
One more reason why people should stop looking for the easy path to building wealth.Increase earnings, reduce expenses, save, and invest.
Kyler Tarr
Knob and tube wiring
27 January 2025 | 18 replies
If the Seller will not reduce the price to where it still makes sense to you then do not do this deal.
Allie William Wilson
Eastern Tennessee STR/MTR
3 January 2025 | 14 replies
These cities boast a forecasted job growth rate of 38%, driven by a thriving tech sector, healthcare expansion, and a business-friendly environment, which continues to fuel property appreciation.