Frank Pyle
Seeking Advice from Lenders: Financing for Community Living Home
5 January 2025 | 2 replies
Our goal is to establish a structure where the property owner can secure financing based on the long-term lease with the operational company.Any advice or insights from those who have navigated similar situations would be greatly appreciated!
Kevin Robert Highgate
New to Bigger pockets - New to Investing
1 January 2025 | 3 replies
Generally speaking, if you borrow money at 7% interest and your investment is earning a 10% return, 10% - 7% = 3% and you are not growing faster than inflation.
Christian Gillison
New wholesaler in the Pittsburgh community excited to learn and connect !
5 January 2025 | 3 replies
I'm eager to learn the ropes, connect with experienced investors, and contribute to this fantastic community.A little about me:- Location: Bellevue , PA-Focus: Real estate wholesaling, with a long-term goal of building a portfolio of rental properties.- Background: Took some real estate classes before but really a lot of self learning on creative financing - Current Goal:To close my first wholesale deal within the next few months by learning from seasoned investors and applying proven strategies.I'm here to absorb as much knowledge as possible, so if you have any tips or resources, I’m all ears!
Jacob Hrip
Best financing options for a first time investor?
9 January 2025 | 9 replies
@Jacob Hrip congrats on taking steps to hitting your investing goals!
Desiree Rejeili
What To Save for When Buying a Home
9 January 2025 | 0 replies
An article from The Mortgage Reports explains:“The amount you need to put down will depend on a variety of factors, including the loan type and your financial goals.
Christian Bukle
Bigger Pockets Introduction Post!!!
3 January 2025 | 3 replies
My initial goal was to earn $100,000 per year, and with our combined efforts, we now make approximately $16,000 per month.
Tenzapa Wakombe
"It is easy to doubt everything when you know nothing" Intro Post
24 January 2025 | 12 replies
If you want, we can grab a coffee or lunch to discuss more upon your goals!
Sean Gammons
How to buy two rentals in one year?
16 January 2025 | 17 replies
It’s a great way to grow faster.HELOC or Equity Tapping: If you have equity in another property, using a HELOC or cash-out refinance could help cover the down payment without affecting your DTI as much.Seller Financing or Creative Deals: Look for sellers willing to finance directly, which bypasses traditional mortgage qualification hurdles.Scaling quickly often involves combining strategies—play around with what works best for your goals.
Yasmin Mughal
Househacking in Baltimore County for 400K for a 3/2 or 4/3
22 January 2025 | 9 replies
Yes, unfortunately only midterm, furnished rentals in the nicer parts of the city will get you over that $1000/mo hump if thats your goal.
Kyle Deboer
Raising Down Payment Money
29 January 2025 | 25 replies
There are other, more ambitious, risky, and difficult, ways you could achieve the same end goal.