Would you be willing to share exactly what happened here on BiggerPockets, so that others can learn the warning signs and avoid suffering a similar fate?

Starting in 2016 up until this year my family has suffered the loss of all of it's members other than myself and my sister.

I know I'm made for more and I wont stop until I get to the top!

Sometimes with a BRRRR deal the property is in such bad shape that you can't get a conventional loan because banks wont do it and you have to get a hard money loan which can have less favorable rates and terms.

Lenders usually wont go any higher than 50% of equity and you shouldnt be comfortable going higher than that unless you're a super duper risk taker.4.

Hi All - My wife and I would greatly appreciate some advice as I believe we're starting to suffer from some 'analysis paralysis' based on all of our reading, listening, etc. over the years about various/best strategies to get involved in real estate investing.

With my experience so far I'm thinking traditional banks and a mortgage wont really help me.

So basically I'm trying to get approved for a 3% down loan on a house, it was all going good until my work notified the bank telling them that since I wont be having overtime or bonuses in the future, that I wont be able to qualify for the loan because I cant count any of the money ive made from bonuses or overtime because there wont be any in the near future.

@Phillip Rosin  when you propose this to them make it clear  if they want you to renovate with them in place they will need to completely move out of the kitchen to their apartment for minimum 7 (or your number) days and won' t have access to it for the duration of the renovation.

300 to 500 each is a lot and you may lose that tenant if they wont agree with the increase.