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Hello BP Family. I am nearing the end of the brrrr book I have a few questions. I am getting a little confused about the brrrr strategy.I previously thought that with the brrrr strategy I would have to purchase the pr...
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SO, if I have a property in mind, a seller called, and the price is $123,000... the est. equity ( via propstream) is at $56,000... is this meaning that I should minus the $56,000 from the total $123,000? and then that...
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Hey folks - was on the phone earlier with a loan officer at my local bank. Getting my feet wet. Asked about 30-year loans on commercial properties (since rentals are classified as commercial properties, I learned). He...
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Hello, this is my first, of hopefully many posts to biggerpockets.com. I have been reading this for a long time without being a user, and I can definitely see there are some smart individuals here.
As my intr...
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Hey everyone! As I’ve noticed creating your first wholesaling business can be a little bit confusing... To honest I am still very much confused. If anyone has any advice or tips for an 18 year old with low capital try...
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How do you know when the market is good to sell vs when it is good to buy?
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Hello Everyone, So this is my first official question, hoping I can get some guidance! I am a new investor, have been learning a lot on seller Financing / LO investing. I am located in Virginia :) For anyone that h...
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I'm in such a confusing place right now. I'm 54 and want to prepare for retirement and beef up my real estate passive income along with paying off debt.
Choice:
1- Take a loan from my 401K to payoff all credit ca...
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I had a lender that could not keep his word of 90% LTV and 100% of the rehab. I had to go back to my old lender who gave 80% and no rehab. This has left me maxing out all my credit to get the house partially rehabbed....
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One thing I'm confused about is earnest money deposits and how to account for them when coming up with my offer amount. Let's say, just for an example, that an earnest money deposit of $5000 is required (we're obvio...