I’m looking at purchasing my first properties, that being said I don’t have a substantial amount of $$ for a down payment. How should I go about this? Is there a way to secure a loan for the purchase plus Down Payment...
Tomorrow will be an action packed day for those who follow economic data on an ongoing basis. Here are the main items that will be released:1. GDP Annualized Quarter over Quarter2. Personal Consumption3. GDP Price Ind...
Hello BiggerPockets Community,I would like to give you a brief rundown. In July I bought my first 2-flat through FHA loan that is currently house hacking. My plan is to stay there until my year is up and move out. Dur...
Great to be on this site! We have been in motel and single family rentals for about ten years in South Dakota. I've done one fix and flip on my own that went great. The major challange we've encountered is the amount ...
Need help/advice.I found a good deal with a tenant already living in the SFH. I want to BRRRR it(maybe holding off on repairs) but have hit some road blocks. I have the deal under contract now and am starting to talk ...
Hello,My wife and I own and manage three high cash-flowing STR's BRRRRs in Colorado. She does the design, I do the construction. Now that I have invested all of my money, I am doing a partnership with my dad. We are c...
Hey BP! I’m kind of new to the BP scene; I just made the account a few weeks ago. I’ve always been interested in investing since I was little. Lol I was the kid in school that sold goodies out their locker calculating...
I have a possible tenant who meets all the requirements but they have mentioned they have MS and that they have had trouble renting due to this. Are there any issues I could run into by renting to this person?
Do you ever purchase a property subject to if the property has negative cash flow?Here's the scenario. Purchase price $650K, subject to existing $600K of financing at 3.625%, $25K down, $25K owner carry with principal...
So today I go to get some cash out of my heloc. Guess not! It seems citibank has decided my house isnt worth what it used to be and my heloc is now suspended. You'd think these people would have at least sent me a let...