Rita Temple
FHA Loan and flipping first house
So please correct me if I'm wrong. But, I have to reside in the house for a year if it is a FHA loan? What if I was to find a house and use the FHA plus 203k loan, then once I'm ready to sell convert to a convention...
Kat N.
Rental home (w/ bank mortgage on personcal credit) in LLC
Dear Bigger Pockets Members,
I have already bought my primary SFH (for living) with traditional bank mortgage. I am looking buy an investment SFH with traditional bank mortgage again on personal credit. I want to re...
Cindy Craft
Buying a new rental property, what step is first?
Please help! We are hungry and motivated!
My husband and I have one SFR currently. It was his home when we met and we moved into my home and rented his out in 2019. It is doing very well and we are looking to invest...
Shahid Iqbal
Security claim - how much is reasonable
Hello, Can I ask for expert advice on this security claim that I'm considering.I had a property in S. Florida that came out of rental after 3 years. The house had brand new paint and every thing was functional and ver...
Domenic D'Aurora
Private Money Lenders North Shore MA
I’m new to the real estate investing game. I’m looking to make some moves on my 1st deal within the next month and was looking to network and sit down with a private money lender in the north shore area in MA. Anyone ...
Account Closed
How do you scale from 2 properties to 100?
Fellow BP friends,Please educate me on how to grow from 2 to 100 1-4 family rental properties. I get bogged down around 10 in the feasibility on the financing end. I would plan to outsource management until it became ...
Ian Thomas
Importance of getting an LLC
I just want to know if someone can explain to me the importance of creating the LLC so that I can fully understand the concept. For example, why can’t a wholesaler or houseflipper get paid without the LLC? And what is...
Matt Fish
HELP! Need your help analyzing my first multifamily deal - 2 Triplexes
Hi everyone. I have the option to purchase 2 different triplexes and I need help analyzing the deals - getting opinions on the best way to structure the deals and also opinions on which seems to be a better deal since...
Louis M Cocce Jr
Structuring a deal to help my son buy first home
HelloI am new to BP but have been reading much info here. I live in Massachusetts and in early 60’s close to retirement.One of my boys in his mid twenties is looking to buy a home but RE is very high priced. I am wond...
Jesse O.
Funding question
Just starting out and have found a 2500 sq ft duplex in historic neighborhood. I can pay cash for the duplex, but needs upwards of $50k in rehab. Purchase and rehab is about $80k and should rent for 1500-1800 a mont...