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I currently have a pretty good job as an IT Project Manager at a large company. I'm positive I don't want to be waiting around 25 more years until my 401k catches wind of the compound interest that's on the way. I'm...
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Hi All! I've been in the bigger pockets community for a while now but havent been very active. I have a full time job but my wife and I are looking to get into the lucrative business of real estate to hopefully leave ...
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Hey BP I am about to go under contract on my fourth deal and I am giving private money A shot. I was wondering if I could give more then one private lender first position on my property. I have A few people interested...
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My wife and I purchased our first property (a C-class fourplex) in 2017 which we house-hacked for three and a half years. This spring we sold that property to do a 1031 exchange and bought two B-class fourplexes in a...
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Need some guidance:
A few partners have put up $150K for non-refundable earnest money on a 31-unit apartment to condo conversion...which was paid to the bank this past Friday.
From what the GM just told...
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So let's say I have $X to lend. I've been happily lending it out at 10% with no points. (And no, I'm not looking for new borrowers at this time.)If a friend has his own lending business, where he is lending at 12% + 4...
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Hello BP!I networked with a gentleman by the name of Jason Coutts, who runs Willow Oaks Properties LLC, on LinkedIn and I was open to talk with lenders since I'm working on syndicating an apartment deal.But upon getti...
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I've been reading with great interest the articles by Ben Leybovich, especially the dilemma regarding obtaining non-recourse financing for the debt portion of deals. I think doing the larger deals the - GP/Syndicator...
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Feeling a bit frustrated. Looking for inspiration. I currently own 6 SFR’s and under contract on #7. I buy to hold and always felt that eventually with enough property I’d start to see real passive income. However wi...
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I've been browsing through the forums trying to get answers to my many questions and have had some success but I wanted to post all of my questions here to get more specific answers. So, I currently own a 4-family bro...