Good Morning from Michigan,I am a 28 year old IT Professional from Michigan, who is branching out into the world of financial freedom. My Grandfather was an old school real estate investor and amassed multiple apartme...
Let me try to get my understanding correct and please help me where I am wrong. 1. Loan officers for conventional mortgages, no matter which bank, don't really sell you the money from their bank. They sell you a Fanni...
I am a moderately experienced RE investor looking for advice on investing in high-equity growth opportunities. I understand that at my age, focusing on properties with strong equity growth potential (even if cash flow...
Hi All,
I'm completely new to Biggerpockets and real estate investing in general. I've read some articles about using an FHA loan to purchase a multi-family property as a way to break into the business.
It seems ...
Hi! Husband and I are attempting our first BRRRR on a duplex. Offer is accepted, 55k, about 30K rehab and ARV 110. My question is, if my final loan will be for 80% max but we found a couple other things that could be ...
Hello! I'll soon send out my first mailing and am hoping for any with past experience to point out any questions I'm not considering, or further poke holes in my plan. I'm looking for value add, small multi family.I’v...
A friend who is an extremely successful RE investor tells us that umbrella policies aren't necessary, based on his experience. Advises if you want more liability coverage, just add it to the LL insurance policy. A mi...
Good Morning all! I live in the Philadelphia area. I’m a realtor and this is going on Year 2 for me. I’ve closed 4 deals so far. I am currently doing real estate as A part-time job because I still work full-time. I am...
My partner and I are in negotiation for a 6-unit property in NE Ohio, below are details: 4 rented, 2 vacant / average rent $735 (4 rented units $720, 2 vacant $775)Owner pays water, sewer, trash2 br, 1.5 bath, roughly...
A Real Real Estate AnalogyI am starting my real estate adventure and I am trying to draw a comparison from paper assets (stocks, bonds, notes, T-bills, crypto, etc.) with real estate.For those who know a bit more than...