Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Shi Esguerra Have no idea for direction.
1 May 2024 | 14 replies
It's key to keep learning, look into different ways to pay for places, and think about ways to share housing costs.
Joseph Ducharme New Investor in Charleston, SC
30 April 2024 | 12 replies
Metro Charleston is one of the markets that interests us as well.If you'd be willing to share, what cash flow and cash-on-cash return are you projecting to earn?
Engelo Rumora IRS Is F@#$ing Me. Please HELP!
1 May 2024 | 16 replies
Like we never paid it mate.It's "Invisible" hehe@Dominique Osborn can elaborate in more detail.It's a bloody joke.No issues paying our fair share in taxes but come on... lol
Noah Bacon Should I House Hack again?
30 April 2024 | 6 replies
I guess what I am wondering is if I am not being as ambitious as I should be to look for those larger deals, or if I should keep looking to add singles instead of home runs to reach my goals in this long journey.Thank you for reading this, and if there are any other investors, like me, that feel like they don't know their next step please share your story!
Vladimir Samsonov Newbie in tax deeds
29 April 2024 | 0 replies
Due to russian invasion in Ukraine and thanks to my passport, I am really scared to open any LLC at all, so could you please share your lawyer contact, who can help to clarify this question as well as help with opening LLC with a bank account remotely?
Tamera Muniz Mortgage company denied request to transfer property to LLC
1 May 2024 | 16 replies
The full guidelines on the Freddie site for LLC are:Permitted Transfers of Ownership subject to conditionsIn situations where all of the following conditions are met, Freddie Mac will permit a Transfer of Ownership of the Mortgaged Premises:-At least 12 months have passed since the Origination Date-The Servicer has complied with all mortgage insurance requirements applicable to the transfer-The transfer is to a limited liability company (LLC) or limited partnership (LP), provided that:The managing member/general partner of the LLC/LP is the original Borrower.
Kenneth Germann Comps REST API
30 April 2024 | 6 replies
Propstream and other sites like this are doing it.
David Ounanian What financing options are available for real estate investors?
30 April 2024 | 2 replies
Here are some common financing options:Traditional Mortgage: Obtain financing from banks with a down payment, paying off over time with interest.Hard Money Loans: Short-term loans with higher interest rates, often from private investors, suitable for quick acquisitions or credit-challenged investors.Private Money Lenders: Individuals or groups offering direct loans, with terms negotiated privately.Seller Financing: Buyers make payments directly to sellers over an agreed period, with terms negotiated between parties.Home Equity Line of Credit (HELOC): Borrow against existing property equity with a revolving credit line, typically offering flexibility.Real Estate Crowdfunding: Pool funds with other investors via online platforms for various real estate projects, offering diverse investment opportunities.1031 Exchange: Defer capital gains taxes by reinvesting sale proceeds into similar properties within a specific timeframe, useful for tax optimization.REITs (Real Estate Investment Trusts): Invest indirectly in real estate through publicly traded companies, offering liquidity and diversification.Joint Ventures/Partnerships: Collaborate with other investors to share resources and risks, leveraging each other's strengths for larger projects.Subject To Financing: Buy a property subject to the existing mortgage that's in place on the property (doesn't get paid off when the property sells).Assumable Mortgage: Buy a property and assume the mortgage that the seller already has in place.Lease Option: Rent a property with the option to buy it prior to a later date.Debt Service Credit Ratio (DSCR): A loan approved based on the income potential of the propertyThese options cater to different investor needs, preferences, and financial situations, providing flexibility in real estate investment strategies.Thanks,
Daniel Brandt Newbie in Northern Virginia
29 April 2024 | 4 replies
Could you share more about your current abilities, and what you'd most like to learn?
Jessica Carcamo Investing $55K need help getting started!
30 April 2024 | 43 replies
Owning rental properties presents an excellent opportunity to build passive income streams and create long-term wealth through property appreciation and equity growth.Furthermore, to explore various avenues for investing in the real estate industry, including partnering with other investors. i am open to Collaborating with like-minded individuals which allows us to pool resources, share expertise, and pursue larger-scale projects.