Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Sean Bramble Anyone done a "Morby Method" deal? Zero down creative strategy
23 May 2024 | 35 replies
Sure, about one in 2000 times, by someone experienced enough to recognize a very unusual situation, having the capacity to act on it, having the financial strength, experience and tract record to be able to attract the needed capital, having the knowledge and ability to structure the deal, having the ability to manage and or reposition the property after purchase, and having the capacity to carry the negative cash flow until turning the property around or obtaining lower cost financing.  
NA O. 30 y/o. $290k in savings/stocks. What kind of home purchase/REI is the right move?
21 May 2024 | 4 replies
A smaller home can offer a lower price point and the ability to renovate so that you can rent it out in as little as 6-12 months.If you buy as a primary you can put as little as 5% down since rates right now are still high 20% is not going to move the rate that much since PMI helps get a lower rate.
John Haelig Cashing Out in NJ - Sell, Hold or DST?
21 May 2024 | 10 replies
And in many cases you're able to write off almost off of the income from the DST against depreciation because of the nature of the non-recourse loans and your ability to buy additional depreciable basis.
Don Konipol Why I Believe Striving to Build Passive Income is Overrated
21 May 2024 | 34 replies
(This is obviously a simplification; one must consider risk, personal comfort, ability to manage, etc.).The wealth builder should always consider selling or trading his property for a property that will increase his net worth FASTER.  
Bukka Levy Using business credit cards to fund buy and hold. Help?
21 May 2024 | 53 replies
In the commercial & private money world its all fair game and case by case.Use of credit cards to purchase properties to acquire/capture equity, create, cashflow, provide additional tax shield/benefits against your income, and improve your real estate investing venture is definitely one way to go about it but it should not be the sole method since there are risks like many have mentioned above.If you're using business cards (linked to your FEIN - federal employer identification number) and it doesnt report to your personal credit then it might be more prudent credit wise because your Fico scores won't tank when you max a business card out versus a personal credit card (drop of 80-100 fico pts temporarily till you payoff).So with prudent timing (funds seasoning), knowledge of how to maintain your ficos so you still qualify for your cheaper conventional money, and how to use the cards to purchase can definitely expedite your REI journey.Most people I encounter would not have the know how to do it correctly as I see plummeting fico scores, in ability to qualify, and many other issues with using cards to invest on a weekly basis.Best of luck,
Alex Kenny Future Planning Advice
21 May 2024 | 8 replies
Opinion: If you breakeven or are close to breakeven today, that's a win in this market considering the ability to refinance later.(3) The equity of your home is currently earning you 0%, leveraging adds risk, leveraging also adds opportunity for it to earn you some money.
Shari B. When am i bound to go through with a refinance?
20 May 2024 | 17 replies
That doesn't mean they won't send you a bill but, they can't make you go through with a loan.
Nick Jilbert CA house hacking
20 May 2024 | 7 replies
The biggest benefit is the ability to leverage and have the tenants pay the mortgage.
Andrew Lopez Down payment used for BRRRR strategy?
20 May 2024 | 11 replies
So, in a cheaper market many investors use their own cash for purchase and rehab or especially in more expensive markets they use hard money loans which are based on the deal itself and your ability to execute on it.
Sam Green Self Storage
20 May 2024 | 121 replies
There has been a great shift away from YP advertising as owners are moving more towards SEO programs and the Internet for advertising.