We have been doing training and going to seminars for the last couple months.

Hi,I'm brand spanking new to BP and looking forward to learn a lot about House Hacking!

My original credit facilities were to buy court house steps.. so we needed cash on the barrel head so we started with a 4 million dollar unsecured LOC.. we used that cash to buy then we got the appraisal etc and tapped our holding line which bounced between 6 and 8 million.. it was pretty sweet.. you talk about advantage at the court house steps.. walk up with a couple milske in cashiers checks.. and if I did not use them that day the money was never taken from my account and I was not charged for it.. this is what great banking relationships will do for you.. then in the melt down of 08 that bank was the only one of 5 I dealt with that kept my credit lines in tack but they shrunk dramatically of course..

I have a couple deals under my belt currently, but still working on my processes and figuring out how to grow into a large scale operation.

I'm hoping to learn from all the wise folks here about investing in real estate.I heard about Bigger Pockets from a couple of personal finance blogs I follow: Mr.

So say you have a couple of properties and they are leveraged out.

I've been investing in real estate for a couple years now and have got 5 properties under my belt. 

um that's the think i have been looking through zillow and there is a wide range of houses i have been interested in 19143, 19134, 19140 are a couple of zip codes that i have found cheap houses that could potentially be great rental properties.

I'm concerned that I will need some other form of income being a brand new agent with few leads.

I work part-time for a real estate company (Nomadic Real Estate) as a leasing agent and I just passed my VA salesperson exam so I hope to sell real estate in Virginia within the next couple of weeks.Within the next 4 years, I would like to generate enough passive income so that I can save for my future family.The ultimate goal is to generate enough money to be able to start and sustain a social entrepreneurship business to help schools in West Africa.On Bigger Pockets, it would be great if I could network with like-minded individuals.Francis