Aidan Ahern
New Pro Member - Gearing up for first House hack!
24 June 2024 | 2 replies
I think it's great you're wanting to get started now.
Matthew C Dominy
Process Of Starting A Real Estate Fund?
20 June 2024 | 13 replies
I appreciate any feedback/assistance.I have been living in Paraguay for almost 3 years and now I am looking to start a RE Investment Fund to capitalize on this growing market, seriously :) I plan on bringing in accredited foreign investors mostly from the U.S.
Albert Lubin
What's a true OPEX ratio for a 10 to 15 units property?
24 June 2024 | 3 replies
However, an additional amount should be set aside for CapEx and repairs.While the 50% rule provides a useful starting point, it’s essential to recognize that it primarily covers operating expenses and not CapEx or repairs.
AJ Wong
How to finance multifamily 5-8 units without income: Common terms and guidelines
24 June 2024 | 4 replies
Historically an excellent place to start your mortgage search for 5-20+ unit properties is a local credit union.
Tony Smith
Wholesale in NYS
24 June 2024 | 1 reply
Hey guys, I wholesale full-time and recently started here in Upstate NY, I have some questions for someone familiar with real estate law/wholesale here and closings and will appreciate any help!
Andrew Jennings Freerks
Helping fellow BPers get started in investing
21 June 2024 | 1 reply
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $160,000
Cash invested: $35,000
A Bigger Pocket member I met at a local networking event had never invested,...
George Kopp
Lending with Personal Guarantee
25 June 2024 | 19 replies
The Guarantor agrees to be personally liable under the terms and obligations of the Debtor in this Agreement.Borrower's Known Assets: Home in Florida with 300K+ in equity, bitcoin in wallet $500K, 401K $500K+, two small businesses (equity unknown).I hope this is enough info to get the conversation started.
Grady Gilman
As a newby, is my plan going to work?
27 June 2024 | 11 replies
There is just so much that you and your friend don't know (not your fault - we were all that way when we started out).
Michael C.
Castle Rock- highest best use for House with View STR?
22 June 2024 | 7 replies
It is a 4bed 3bath 3200sqft $1.2m custom homeBenefits- no HOA or rules restricting STR -1mile (walkable) from historic downtown or from the Rock park-house has nice views and is pretty secluded from neighbors and feels private-assumable loan with much lower than market paymentDraw backs- high price -no comps, new house in older neighborhood.
Brandon Elliott-Pandey
When do you become a Private Lender
21 June 2024 | 11 replies
Once he has some experience, your friend could start a fund and take on investors.