I have a great realtor who started his own boutique STR business with 4 luxury properties looking to grow to 10. He presented a deal coming up for 600k 3bed/2bath within city limits (5day rentals) no pool. He wrote ou...

Okay, I'm having a hard time understanding how draws work with a rehab loan from a hard money lender.  The way I understand it is:  I have to pay for the work initially.  Then I apply for a draw and provide invoices. ...

Hi All,

I'm very excited to get more involved in the BiggerPockets community! I currently own a condo and rent out a room but am looking to move into a duplex.

As I'm doing my research I find it very hard to find ...

I'm 24 years old. I'm looking to get into RE investing. I will be living in Japan for the next 3 years, so this will obviously make investing more difficult. However, most of my family is in West Michigan, so I will ...

What is IRR?? How can I understand that complex formula?? I know that it is a rate of return that factors in the time value of money, but still don't get it.

Curious to hear people's thoughts on recourse versus non recourse loans on apartment buildings. Pros/cons, etc. I have a great quote from First Republic but it is recourse. I can't decide if I really care. Only doing ...

I would like to consolidate the 9 30 year fixed mortgage (currently in my name) into one loan and open up a revolving line of credit to move on additional deals.The nine houses have 70% equity.I’m a professional ...

Hi All, Wanted to start a discussion on peoples outlook on the real estate market and the economy in general. I know it is a controversial topic but I have not seen many discussions on BiggerPocket on this topic and I...

Hi all! I'm enjoying all the great information on BP! I was hoping that some of you can help me out with a question. My partner and I are interested in doing some sandwich lease options. We are trying to get all th...