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24 January 2025 | 18 replies
You’ll likely find a strategy that aligns with your goals and lifestyle.Since you’ve been enjoying the BiggerPockets Money podcast, I’d also recommend checking out the Real Estate Rookie podcast—it’s great for diving into beginner-friendly strategies and learning from others who’ve been in your shoes.Feel free to reach out if you want to chat more or bounce around ideas.
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3 February 2025 | 26 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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11 February 2025 | 16 replies
I believe single family homes will appreciate the best, and when you are young you are ok with doing rent by the room to friends or family to assist with the costs.
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16 January 2025 | 3 replies
Purchase price: $98,500 Cash invested: $15,000 owner financed on duplex, bought from a friend of the family. hopefully many more to comeHey @Jeffrey Eschbach, welcome to the BP Forum!
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13 January 2025 | 7 replies
If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual.
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29 January 2025 | 11 replies
Your choice should align with whether your goal is quick resale or long-term rental income, and you should consult lenders who specialize in both DSCR and rehab-friendly options.Best regards, Stevan
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17 January 2025 | 6 replies
@Mario MoralesI think this is a common question and the value that an agent will bring will vary by individual needs.
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20 January 2025 | 19 replies
I'm never in favor of government over stepping, but I can also see how desperate individuals can be taken advantage of during this tragedy.
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11 January 2025 | 11 replies
However, all of the investors really like the property and the care takers and they like to visit and bring family and friends to the property.
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20 January 2025 | 4 replies
Would love to connect with investor friendly real estate agents, other wholesalers, and cash buyers.Looking forward to meeting all of you!