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21 November 2024 | 9 replies
I joined BiggerPockets to connect with like-minded individuals, learn from experienced members, and contribute to discussions where I can add value.
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20 November 2024 | 8 replies
Sounds like you have a lot to contribute here!
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22 November 2024 | 4 replies
If I am in your shoes I would buy 2-4 units, get a conventional loan, ask the sellers to pay for the max contribution (3%) towards closing costs.
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20 November 2024 | 6 replies
I definitely prefer to be an asset and not the kind of small business person that doesn't enrich or contribute.
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19 November 2024 | 12 replies
Any transfers should be made through the owner of the LLC and not another LLCSo you make a capital contribution or capital withdrawal.
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20 November 2024 | 2 replies
Thank you in advance for your advice and connections – looking forward to contributing to the community as well!
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21 November 2024 | 1 reply
Keep tracking equity contributions, as this will be crucial when transitioning property B into a rental or selling your share.
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1 December 2024 | 377 replies
In 2017 I had zero debt, a good job and was leveraging my 401k… I have traded that philosophy to acquire large amounts of debt, no 401k or IRA contributions and now have the freedom to control my own financial destiny.Below are the steps I took to remove myself from my W-2 (and 30 years of working for someone else) and obtain a career as a real estate investor:Step 1 (Education): Read and listen to as many books and podcasts as possible.
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18 November 2024 | 1 reply
@Jessica HowellIn the operating agreement we typically put like $1,000 as initial contribution.
25 November 2024 | 14 replies
Therefore, I have a hard time committing to a house hack which contributes greatly to my problem of raising capital for a conventional mortgage with a 20%+ down payment instead of alternatives such as an FHA.