Ian Jeppsen
Low interest vs. high cash flow potential?
10 September 2024 | 7 replies
If the property is bleeding money every year from repairs, maintenance, or turn over you'll never get ahead.You can tap equity with a HELOC (challenging right now), cash-out refinance into a new loan (much higher rates), 1031 exchange, or sell (tax hit) but the numbers and property condition need to guide this decision.
Tayvion Payton
Creative Financing for portfolio of rental properties
9 September 2024 | 6 replies
They can guide you through the process and hook you up with reliable lenders who've done this before.The key is having a solid grasp of the portfolio's financials, a clear plan for the properties, and a team of pros to help you navigate the financing side.
Daron Hightower
New to real estate investing
8 September 2024 | 1 reply
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.
Aimee Bingham Osinski
Learning to Fix and Flip
8 September 2024 | 1 reply
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.
Jane Waweru
New to REI
8 September 2024 | 1 reply
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.
Alex Cho
New in town and look for networking
8 September 2024 | 2 replies
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.
Panayiotis Boyiakis
Multi Family Investing
8 September 2024 | 1 reply
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.
Anthony Prilo
How to refinance property out of residential loan into LLC
11 September 2024 | 8 replies
It's called something else that I can't recall at the moment, but they'll know and be able to guide you in the right direction.Since there is a large amount of equity in the rental home, just be sure that your new HOI policy has good coverage and possibly think about an Umbrella Policy or additional insurance coverage to "protect you" vs. trying to reinvent the wheel and forming an LLC just for the one property.SD
Allen Higbee
Sharks in the water in the my new city.
7 September 2024 | 2 replies
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.
Jeremy Beland
The Deal That Almost Put Us Out of Business
9 September 2024 | 5 replies
This deal was a tough lesson, but it ultimately strengthened our resolve and taught us invaluable lessons that continue to guide us today