
4 March 2025 | 13 replies
There are many reasons we transitioned from NY to TN:Taxes: Tennessee's tax-friendly environment means we get to keep more of our hard-earned money.

6 March 2025 | 4 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..

4 March 2025 | 5 replies
This is our first investment together so we're exploring financing options.Wondering if anyone has trusted contacts in private lending/hard money who are able to fund ~$400k in acquisition cost and ~$250-300k in repairs?

22 February 2025 | 8 replies
I lend Hard Money, Fix n Flip, DSCR, and Bridge mainly on the investor side.

7 February 2025 | 14 replies
An example would be mixing your personal and LLC money in the same bank account.3.

9 March 2025 | 13 replies
If I could put down more money obviously that would decrease mortgage but I need some left over for closing etc I cannot believe that some people with thousands up up votes think this could be a good opportunity.Here are some thoughts/comments:- At current rate and those rent points, 1% is large cash flow negative at high LTV.- market rent is ~$2400/month but PITI is $2150.

27 February 2025 | 3 replies
Never sell occupied unless you’re losing money hand over fist.

17 February 2025 | 9 replies
NOBODY cares as much about your money as you do 3.

27 February 2025 | 0 replies
However, rates are not great right now so taking out the money necessary makes the monthly payback greater than what we could get in rent.

7 March 2025 | 8 replies
A conventional conforming fannie/freddie type loan is made using strict uniform criteria (aka conforming) so that the lender can originate the loan and then resell the loan on the secondary market and recoup money to lend out again.