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Results (10,000+)
Vamsee Lella Seeking General Contractor referrals in Northern Virginia
29 April 2024 | 5 replies
@Vamsee Lella I know some companies.  
Ayyoub Feza Loan for second rental property
30 April 2024 | 37 replies
Hi Ayyoub, Are the bank accounts being used for the down payment held jointly or in individual names?
Michael Calvey What is the one thing you hate doing within your REI business?
29 April 2024 | 29 replies
My accountant got on my nears a few times in the past but now Iḿ on a quest for a new one.
Candi Kham Seeking Advice for First Rental Property Venture
29 April 2024 | 4 replies
Quote from @Candi Kham: SOFTWAREGood software will handle management, accounting, and application screening.Software is a common question on BiggerPockets.
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?
Jake Burkons What card to get at 18 years old for a young real estate investor
29 April 2024 | 11 replies
How important is it that my credit card is from a company that is FDIC approved 3.
Kevin Coleman TSP to real estate strategy
29 April 2024 | 8 replies
@Kevin ColemanNo one will tell you to drain your retirement account and go "all in" and no one can stop you either. 
Jim Doyle Purchasing off market via executor of the will - Ran into roadblock.. - Path forward?
30 April 2024 | 10 replies
Thanks @Jay King - The trustee in this case is a trust company that is managing the estate, you're saying I can offer them additional money to sell the house to me and it might work versus an individual person who was named as a trustee? 
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,
Richard Mai Exploring Co-Ownership of Property: Seeking Advice and Insights
29 April 2024 | 4 replies
I understand that there won't be any cashflow but the loan paydown and appreciation over time hopefully offsets not having cashflow.Legal and Financial Advice:Do you have any recommendations for legal or financial considerations we should take into account when formalizing this co-ownership agreement?