I am currently looking for tenants for one side of my duplex and have a question. I have one interested applicant that qualifies for my minimum standards (3x income-rent, credit score about 600) but has a 20 something...
Hi BP Family.!I am fairly new to REI still (6 months in) and have not found my first fix/flip deal just yet. I'd like to hear from some investors that are thriving and willing to tell me if I am taking the right steps...
Hi, I am a buy and hold investor and am looking to grow my portfolio. I would like to obtain a LOC to brrrr properties. I will get the LOC on my business account but I also want to buy another home to live in with my...
Hi BiggerPockets folks,My wife and I are new investors. We don't have an LLC set up quite yet (and we aren't sure if we're going to need it in the near future). We are closing on our first deal soon. It's going to ...
I am a beginner investor (no deals yet) and looking to invest in a different state than where I live (but not far). I am trying to be prepared from a financial standpoint for doing that first deal. I understand that c...
Hey Bigger Pockets Community!I'm curious to get everyone's input on the ever changing debate about the best banking and CC for small business. There are a ton of factors that play into both, especially with CC rewards...
I have an applicant who makes 6.8X the rent. She has a credit score just under 600 and literally $30 bucks of debt (her open account shows no late payments). However, there's a closed auto loan with 20 late payments (...
I have been researching different finance options for my rehab projects. Hard money is my obvious last choice due to the high cost. I was thinking just borrowing from family members (maybe at 8 to 10%), no paper work ...
What is best practice? After closing on a flip, do you close the LLC or keep it open for the next opportunity? Even it were a partnership LLC?