Kwanza P.
Non recourse loans
1 February 2025 | 2 replies
@Kwanza P.Here you can learn more about non-recourse loans:https://www.biggerpockets.com/member-blogs/2810/46115-real-e...Here is a list of lenders offering non-recourse financing to Solo 401k:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...You protect your property by purchasing insurance.
Tara Jenkins
The Cycling Mermaid
30 January 2025 | 1 reply
Purchase price: $530,000 Cash invested: $100,000 My journey into short-term rentals began after years of investing in long-term properties, but it was a podcast that opened my eyes to the incredible potential returns of STRs.
Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
Baselane is a banking and bookkeeping platform that was built specifically for real estate investors.
Holly Thorsen
Lending question re: HELOC/loan options
31 January 2025 | 5 replies
Quote from @Adedotun Kembi: Quote from @Jeff Roth: Hi Holly from Georgia-You own a rental in Colorado and you are looking to purchase a new primary residence and possibly use the equity in the rental for the downpayment.You have two options I am aware of with the rental to access the equity:1.
Kimberly Venable
A little about me
27 January 2025 | 11 replies
Are you looking in a specific city/market?
Sanusi Kamara
Property number 3
2 February 2025 | 0 replies
Purchase price: $640,000 Cash invested: $220,000 Purchase price $640,000Got it at this price because there is a non-paying tenant in unit 2 (rent value $3,500), we're in court Rehab $60,000All in cash (rehab plus down payment) $217,500Rehab included ground level basement and 2 parking spot drivewayMonthly cash flow $1,500 ARV $950,000Equity $470,000Refi cash out (August 2024) $150,000 (used to buy new rental)New monthly cash flow breaking even (non-paying tenant still in unit 2)New equity about $200,000
Michael Klick
2025 and Looking to Invest in Real Estate
2 February 2025 | 8 replies
I have used HELOCs for probably most of the purchases of the properties I own.
Rachel Vann
Self-Storage Facility in Conway, Arkansas
23 January 2025 | 1 reply
Purchase price: $940,000 Cash invested: $250,000 I purchased a Self-Storage Facility.
Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
I keep finding conflicting information and the IRS website doesn't specifically mention using an RV as a STR.
Zhenyang Jin
Will personal DTI impact underwriting of commercial loan for 6-units multifamily
27 January 2025 | 9 replies
However, due to keep purchasing real estate, my DTI is high and close to 50%.