Erika Lessard
New construction as first investment
Hello. I've originally thought that once I could get some capital to buy, that I should house hack in Missoula (MT.); we have a paid off home about 35 minutes outside of there. I'm tired of commuting to work in the ...
Honor Dunn
Ready to Invest, Grateful for advice!
Hi All,
First off, I have been reading Bigger Pockets for years and I would like to start this post expressing a tremendous amount of respect and admiration to all you folks. You are all so generous with information ...
Rob Everetts
Fix & flip anxiety
Hey y'all,I've had a lot of previous experience with rentals (single & small multi family, STR) and did my first flip in 2023 (where I lost a very small amount due to contractors taking 3x the estimated timeline),...
Nicholas Schwarte
Closed on my first investment property at 19 years old!
At 19 years old I am thrilled to have the opportunity to buy my first investment property. Being a first time home buyer and owner occupant I was able to put 5% down on a house hack property. This home is in a great n...
Jason Striker
What would you do in my shoes?
Hi All,
I am posting this in hopes of getting some advice on what other investors would do to grow if they were in my shoes.
I started investing in real estate in 2009. We grew rapidly at first, but for the last fe...
Ryan Van Puffelen
15 vs. 30 year mortgage
Greetings all,
Am new to the real estate investing world and am curious to get everyone's thoughts on whether they finance at 15 years vs. 30 years? Currently looking at both single family and multi-family o...
Samuel S.
Cash out refinance strategy vs multiple conventional loans?
Hey BP Folks,So I am looking to structure a deal with a family friend whose an active investor, where he would be providing $100K in startup capital. I would be the active manager, basically running the entire busin...
Xavier Mc holder
Why Distressed Properties
Good Afternoon everyone, I would like to pick the minds of the many investors on BP as to why an investor might find more reward in purchasing distressed properties like the many that can be found in Philadelphia “phi...
David D.
Hard Money Loan Amount Formula
As a hard money lender wannabe I'm trying to figure out what formula to use in determining loan amount.
I'm thinking: the lessor of 65% ARV or 80% of purchase price. Is this too restrictive? Should it be 65% ARV on...
Derek Gibbs
Finally closed on our first multi family building!
Well, two actually. After 14 months of courting the seller and working through the purchase process, we have finally closed our first deal. Two, 8 unit buildings. We are looking forward to learning this business and m...