We asked: What is the one thing you wish you knew when you started in Real Estate? Top 9 pieces of the Real Estate puzzle are:1-Potential for helping others.2-Use leverage to keep cash in your pocket for the unknown....
I currently am working on finding private lending, but have found it easier to obtain hard money loans. They are more costly but have been more efficient in getting the ball rolling for my BRRRRs. After a while, do ha...
Hey everyone,I'm new to the BiggerPockets community. I am also new to the idea of real estate investing and more specifically earning income via rentals. My question is about choosing to go down the unleveraged path. ...
As some people think a crash is coming alot of experienced investors who have been through crashes are saying "don't be over leveraged." But no one gives a percent of leverage that is healthy, or how much cash you sho...
Hello BP community!I am looking into building a duplex and need some insight on this deal. The builder is my neighbor and owns a piece of land in our subdivision. The land is 0.3 acre, and duplex will be 2000 sq ft an...
I pulled the equity out of my primary (70k) to use as down payment for my 2nd rental property, my finance guy wants me to get a HELOC to have available just in case, I have since had to change jobs so have to wait til...
Good morning everyone I am new to the BP community and am excited to start investing in multi family properties around the Wilkes barre Scranton Allentown PA area. I am from NYC but plan on using a FHA loan and “house...
I have been talking to fellow investors about wether it is better to own property free and clear or have some kind of money against a property even if it is a line of credit. Tax purposes is the answer I get when I tr...
Hello all,I am a new member from Northern Indiana getting into buy and hold investing in pursuit of financial freedom. I am a 3+ year student of real estate and just finished my first rehab to rent. I purchased a 2 ...
I have a new Rental property that I BRRRRed and is cash flowing relatively well. There is no early payment penalty on the loan. An extra $100/month would equate to the loan being paid off 7 years earlier and $27k in i...