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Results (10,000+)
David Garcia multifamily financing for first investment property
17 November 2022 | 22 replies
@David Garcia- thanks   1) if you plan to lie in one of the units and minimize the down payment - use a FHA loan  as  down payment can be as little as  3.5% of the  price  2) if  not planning to live in one of the units - use a conventional loan and  your down payment will be  consierably  higher  ( the amount  will vary based on the type of property you buy   3)  downside to using a FHA loan - you have to pay  upfront fha mtg ins  premium of 1.75%  ,,,the monthly mtg insurance is  permanent and high ..benefit to  FHA  is low down pmt ,  tend to be better priced  and also more forgiving on credit  4) let me know if yuou would like a FLA based loan person referal and  good luck
Mike Schouder First Purchase (maybe) - Tree House - Need Guidance
2 December 2022 | 5 replies
I was looking at using a DSC loan but as I listen to more podcasts/read articles here on Bigger Pockets I'm not sure how to approach it. 
Daniel K. What are the legal consequences of no address?
3 January 2023 | 4 replies
I've been using a lease I got from my RE agent, with no landlord address on it, for years. 
Collin Hays "I realize I paid too much for this to work out...now what?"
27 December 2022 | 17 replies
I was just using a hypothetical on some of these million dollar properties.
David Martin Pros and Cons of Putting Investment Properties in LLC(s)
3 January 2023 | 6 replies
In this case I would strongly recommend using a combination of an LLC and a Land Trust to avoid triggering the due on sale clause.
Account Closed How effective is door knocking as a buyer or wholesaler?
14 December 2022 | 1 reply
I was also dealing out of state because the market I'm in isn't great for small home builders (who were my end-buyers in better real estate markets for home building).Also, my strategy is to be very targeted using a specific leads list of distressed homes I found before I stopped wholesaling, look up the the primary residence of the distressed home's owner, and knock on the door of their primary residence basically asking if they would be interested in selling the distressed home.
Thomas Duhn Talk me off the ledge
27 December 2022 | 15 replies
It sounds like Analysis Paralysis.You have double checked the Airdna data which is great.Are you using a spreadsheet to make sure you have everything accounted for?
Andy Vasquez Protecting Assests Without Transferring the Deed
2 January 2023 | 29 replies
Generally, the title policy isn't voided using a QC if the LLC member(s) are the same as the name(s) on the mortgage.
Justin Rademacher 1st STR potential purchase!
2 January 2023 | 25 replies
If I had 1 or 2, I’d definitely be using a solid PM.
Adam Goldshmit What's Next? Help with
3 January 2023 | 8 replies
So on your next property, with using a "Foreign National" style loan you can leverage the amount of money you have...or use the BRRRR method to refinance INTO a "Foreign National" loan from purchasing a property with Hard Money Loan.