Hello Members of BiggerPockets!I am a complete newbie when it comes to real estate investing and conflicted as to where I should get started. I currently reside in the suburbs of Chicago and to say it is a seller’s ma...
Hey Guys, Im located in huntington beach, and opened up escrow on a great triplex that I will occupy. My biggest hurdle is figuring out if I should do a construction loan on it or conventional non qm with today's rate...
Hello BP,I am looking to purchase my first investment property in Baltimore by using a FHA owner occupied loan. I currently live in DC and I am a licensed realtor in DC and MD. I want to know what are the best areas ...
My wife and I are in the process of BRRRRing 2 properties (held in an LLC, we purchased both with cash). We talked to a lender about the refi step for the first rental property, and were told that one of us has to per...
To give you the easiest version to understand. Hard money is a type of short-term loan that is used by real estate investors to finance investment properties. Unlike traditional bank loans, which are based on the borr...
Is it ever a good option to pull from your 401k to make a down payment?
Using A “Handyman Special” OptionHave you ever experienced buyer’s remorse after purchasing a property that needed too much work? If you haven’t, count yourself blessed.One time we bought a home that needed a ton of w...
Hi All,Will be buying a property soon. I can choose to get a conventional in my name (best rates), or a DSCR in my LLC's name (slightly higher rate and prepayment penalty). Currently leaning toward getting it in my na...
My partner and I found a 5 br 3 ba triplex located in west Hollywood hills. The homeowner is selling because he wants to move out of state in Tennessee to build his dream home close to their grand kids. The property ...
Newbie here (2nd post). My partners and I are considering rehabbing an 8 unit mixed-use building in Greenpoint. At what rate do we calculate appreciation for such a property? Is that number a pure guess or is this ...