Jack Staley
How to learn the RE world
Hi everyone, Ill try to make this short. Im brand new to the real estate world and have dreams of becoming an investor. I live at home, pay no rent and make $15 an hour. I am fortunate to say, there is a trust in m...
Bilal Kozak
Types of Real Estate financing for Canadians
Hello, I'm brand new to the BP scene and Real estate investing. I am currently trying to educate myself and plan for my eventual start in REI.
I've read the BP ultimate starters guide and am now reading a book on fli...
Alex Mercer
Hard money to conventional loan
I’m very new and I just have a quick question and thought I’d come here. Ok so I have a hard money lender that charges $3500 or 3.5% (which ever is greater) origination fee. Say I find an off market rental for $40,000...
Jason Switherspoon
Looking to get my first rental but struggling to reason about CoC
My cousin is selling her townhouse and she knew I was interested in getting into real estate, so she offered me an awesome deal (or so I thought). She would sell me a $275,000 for $235,000 and all I had to do was cove...
Rashad A.
One year vs Six month
Hi
My tenants reached out to me today for lease renewal and instead original one year they want 6 month lease. They wouldn’t like to move out in the middle of school year. I briefly told them 6 month rates are differ...
Joel Packard
Please help me with deal analysis
Here's the deal. I have a seller that has 8 lots with old mobile homes on them for sale. We have an agreement (verbally, going to get it on a contract tomorrow) for me to buy them at $70k each. He will carry a note on...
Gina Shumway
DSCR or other loan on BRRRR property
I am only a few short weeks away from completing my first BRRR! I am now on the search for a lender to refinance cash out. Some general infoLocated in Chattanooga TNMy LLC owns the house outright (paid cash). Not sure...
Jack Psooy
Business for Streamlining the Rental Process - Thoughts?
Hi BiggerPockets forum,Everyone knows the rental process is extremely frustrating for both tenants and landlords alike. From the tenant's perspective, there is the process of scouring multiple different rental website...
Dustin Horner
Paying Back Private Money
Hello everyone,I am curious about paying a private money lender back on a larger buy and hold purchase. I know (roughly) how it paying back a private money lender would work for a fix and flip or even BRRR, but how wo...
John Jacobson
Impact of personal loan on mortgage application, if I already have down payment funds
Hi everyone. I am looking to buy a $500k property, and I have over $100k in savings (i.e. the 20% down payment). Will taking out a personal loan (to pay for some renovation work that I need completed shortly after I c...