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Tyler Stephenson Transfer funds to business account or leave in savings

25 March 2021 | 6 replies

I am in due diligence period on my first investment property. My question is: should I send all my funds into my business checking account to use it as the down payment and closing costs account? Or just leave it in...

Virginia F. $100k pre-approved / I don't want to die in a cubicle

1 May 2017 | 13 replies

Hi all!I was almost about to complete the American Dream (actually have 2 leases and some credit cards) and just the house was pending. Then, I was feeling sad and demotivated about the life I’m living versus the life...

Becca Flim Business Bank Account vs Personal Bank Account

20 December 2022 | 13 replies

Hey BP community!
We are in the process of purchasing our first rental property in PA and looking at opening up a separate bank account in order to track our expenses. At this time we are not looking at setting up a...

Brody Veilleux Using FHA 203k and DSCR refinancing

28 October 2024 | 8 replies

My house hacking plan is to get a distressed MFH using a FHA 203k loan with about 3.5-5% down, and fix up the property to increase my equity. I will have enough reserves to cover the holding costs as well as some left...

Joseph Gambino Sell my personal vehicle that has a lien on it or..

18 August 2018 | 1 reply

I have a vehicle with a bank loan and was wondering what you would do in my situation..

Should I sell it to lower my DTI and get out from
underneath the monthly payment and monthly full coverage insurance payment so...

Account Closed Is This House Hacking

23 April 2019 | 2 replies

Good morning Bigger Pockets Family!Unfortunately, because of a time crunch, I ended up getting myself into a tight position purchasing my current home. I have been looking at many different options to create more inco...

Travis Limbocker First Deal. Duplex Out-of-State

24 June 2020 | 1 reply

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Kansas City.

Purchase price: $135,000

Cash invested: $5,000

Sale price: $153,000

Contributors:
Robert Musall...

Elizabeth Harvey New investor - need advice

28 March 2021 | 2 replies

Hi Bigger Pockets fam,My name is Liz and I am a new investor to the real estate game and need some advice. I’m based in Southern CA and would feel much more comfortable in buying something in my own backyard: LA/OC/IE...