Bella Mcneal
New Investor, where to start?
2 February 2025 | 1 reply
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
Hank Bank
Starting My Real Estate Journey: How Can I Leverage a Paid-Off Townhome?
24 January 2025 | 11 replies
Nothing illegal about doing that, but if caught, the lender may call the loan due and if you don't correct the situation or pay the loan off, they willstart mortgage foreclosure.3) You could also go the HELOC route to tap the equity in the home, but the 12-month owner-occupancy will also apply AND the interest rate on the HELOC will fluctuate with the Fed Fund Rate.4) You could do a cashout refi as an investment property, but that will be at an interest rate 0.5-1% higher than owner-occupied rate.Suggest you meet with 2-3 lenders to explore your options about the above.Once you have access to funds, recommend you buy a 2-4 unit with 20-25% down. - You can buy owner-occupied, live in one unit, and fix up and rent the other unit(s).- If you're handy, recommend buying a property in the worst condition you can tolerate.
Paige Gardner
new Investor in the Dallas market
6 February 2025 | 4 replies
HI @Paige GardnerI can send you HML recommendations and wholesalers.
Rolayne Taylor
New Beginnings 2025
24 January 2025 | 21 replies
Any recommendations for starting strong would be appreciated.
Dayana García
Where to invest using BRRRR Strategy
7 February 2025 | 10 replies
Any suggestions and recommendations are very welcomed and appreciated!
Virginia Frost
I'm New Here - Virginia Frost
7 February 2025 | 4 replies
If you are looking to expand your knowledge I highly recommend the webinars BP offers.
Tiarra Delaney
New to Real Estate Investing: Advice on Next Steps for Cash Flow and Business Setup
25 January 2025 | 6 replies
Are there strategies, financing tips, or resources you’d recommend for someone in my position?
Nevin Wilkie
Paint and Cabinets recommendations
3 January 2025 | 5 replies
Hey you guys, I just recently finished Sheetrocking and taping my current BRRRR and now I need some suggestions on what paint and cabinets I should use. The unit consists of two beds, one office and one bathroom. This...
Leonard La Rocca III
Conventional Lending Out of State
31 January 2025 | 6 replies
If so, is that recommended for a first-time buyer?
Isaac Hanai
Investing in the St. Louis Market
28 January 2025 | 7 replies
Any referrals or recommendations for good and qualified brokers, sellers, property management companies, loan brokers, insurance brokers, mortgage brokers, contractors, etc.