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7 February 2025 | 0 replies
Hello I am new too Bigger Pockets and want to learn Commercial Real Estate Investing but I don't know how, I heard that this website can help with beginners.
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22 January 2025 | 56 replies
I know I had to sacrifice a lot of things when I was just trying to grow this business.
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3 February 2025 | 34 replies
Syndications don't get funded because investors think they are toxic.
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3 February 2025 | 5 replies
Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.
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5 February 2025 | 0 replies
Was fortunate, due to savings throughout military deployments to appropriately save and fund two properties back to back.
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7 February 2025 | 9 replies
Focus on areas like Mesa, Tempe, and Central/West Phoenix for the best balance of affordability and rental demand.
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26 January 2025 | 1 reply
Quote from @Jaikevis Reams: In order to put a property under contract I need to provide proof of funds I know that I can get that from a hard money lender but I don’t meet there criteria for a loan approval what should I do?
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7 February 2025 | 2 replies
However, Allstate is capping their landlord insurance at $750,000, which creates a coverage gap I need to address.I’m looking for options to add at least an additional $750,000 in coverage and am wondering if anyone has experience with Difference in Conditions (DIC) coverage or Excess and Surplus policies.
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29 January 2025 | 3 replies
Even the funding alone is easier since you now have a cash flowing property that can help you fund your seed money faster.