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My question is about the 20% down for obtaining my second investment property. I have the cash, but I don't believe it to be wise to put down 20% if I am purchasing a property that already has 20% equity.
My current...
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Hi Folks,We are in the process of finalizing our plans for a Spec home in Fort Lauderdale. Specifics are:- 4200 SQFT - 3 stories with a rooftop deck- Elevator- 5 Bedrooms- 5 Full baths, 2 Half baths- Requires 30 FT Pi...
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This is an open letter about my experience with Memphis Invest. I scoured the web for an in-depth review of Memphis Invest, or any other Turn-Key Rental company, but was never satisfied with the responses. It seems th...
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My first Post:
I've read the other posts here and in other forums about JA which were mixed.
Heard of investors getting in hot water with the attorney general and sued through this IP method. His system has change...
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Hi all, I have photos of my first flip, where to post them? The rehabbers found more issues with foundation as they tried to raise it up a little but now they found rotted beams (1920 abandoned home). They said some o...
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Before I even begin my introduction, I would just like to express my appreciation for the BiggerPockets community. I have been a voracious lurker since October, and the enlightenment I have received thus far has been...
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Here's the short version:I'm a residential investor in New Jersey. I've begun looking in Chicago for bigger deals and have been very lucky to have found a great broker and an even more amazing (future) property manag...
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I've read on here a bit, but I would like to know what is a standard rate for a newbie getting a HML. From looking on the internet I see tons of advertisements saying 8-12%, 2 to 5 points, 6 months to 7 years. Bu...
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Hello Everyone,
I have been studying multifamily investing since covid ended my career with Special Olympics. I miss the athletes I have worked with over the years. Needing a new career for my family it's time for m...
Hey There!After browsing various threads on the subject there is one question that remains when it comes to financing and asset protection.I realize that you would have to get a non-conventional loan if you are buying...