Hi All, Wanted to start a discussion on peoples outlook on the real estate market and the economy in general. I know it is a controversial topic but I have not seen many discussions on BiggerPocket on this topic and I...
If your reading this.....and have any advice please feel free.
I am not sure what I am doing wrong or not doing at all. But there is no single entity that can tell me. So far my wife and I have accumulated 5 prope...
When is the optimal time to purchase multi-family residential property? With the impending recession, what are some considerations for aspiring investors? What echelons of property should be honed in on? Which shou...
Hi,I was reading an article a few days ago that said 40% of Americans can't come up with $400 if they had an emergency. I couldn't believe almost half the country is that broke. The median household income is 60k, so ...
Do DSCR Lenders lending to a LLC typically require a Personal Guarantee from the Member(s) of the LLC?
I am looking at 2-4 unit multifamily properties. Plan is to use my HELOC for 20-25% downpayment with a 30 yr fixed mortgage and ultimately have the property titled in my LLC for liability purposes. Problem is I can'...
I purchased my Los Angeles (Compton) 4-bedroom home in 2013 for 240K; according to Redfin, it is now worth 686K. 2 years ago the entire house was completely renovated (Insurance claim) due to a burst pipe that caused ...
Some time this year I would reach 10 rentals. Wanted to seek advice on financing more than 10 rental properties. Is there a portfolio lender I can go to? Any suggestions ideas?ThanksSid
I have just created an LLC with significant funds in it. My plan is to BRRRR properties and to buy turnkey rentals. However, no bank is willing to lend to a startup LLC. I have received dozens of rejections and asking...
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...