I'm new to this.
What are the major differences between each method?
Pro's/Con's?
Ease of use/learning?
Your recommendation.
We purchased three smaller parks last year for roughly $425K. We put a ton of work into maximizing the upside and improving the distressed properties and have managed to get annual NOI up to $90K. At a conservative 12...
I have a solo 401K. From what I understand; I can use the account to purchase properties so long as I use a non-recourse loan as I am not allowed to personally guarantee a loan using the account. I'd love to know if a...
Not sure anyone else has run into this but I wanted to share. The books I've read didn't mention this and its becoming a bit of a pain. It seems many banks simply do not want business accounts with LLCs holding notes....
I want to start doing private lending with my own money. The goal is to lend relatively close to my home in Los Angeles. Finally, don't want to put all my (lending) eggs in one basket. Are there opportunities to lend ...
It's always interesting some real professionals come to BP. With all the wholesaling questions that are posted on BP, many of those questions might be answered from this link. The most interesting to me is the guru li...
Hey BiggerPockets, I could really use some help here with a property I put an offer on.I put in a cash offer of 11,000 firm for a duplex that has an ARV of around 70,000 that will need about 40,000 of work and each si...
Hello, I have a question about fix and flipping houses. I know that out of the many relationships you can achieve with a lender, two are: equity partner and taking a loan from them. Assuming that your lender isn't ins...
In the last 2 years, my husband and I have bought two 3-unit multifamily homes - both on FHA loans. We're living in a unit in one of them - the other two units are paying the mortgage and basic utilities. So we're n...
As I mentioned in a separate post, I have no problem with deal flow. I have established a reputation and track record as a successful apartment owner-operator and brokers know if I make an offer, it's as good as done....