Ok, so here's the situation: I've got 3 rentals, and I have an offer for a house I paid 79k for for 125k. I owe 72k, so that gives me 53k to play with. Taxes will be ~$6500, so that leaves me with 46.5k in pocket, fre...
Hello Bigger Pockets,I am a United States Marine, and i've been looking to break into small multi-family investing for a few years now. After a lot of research and analysis, I have finally put in my first offer!The pr...
I am buying a property that has a regulation Tennis Court on it 120’x60’. I thought that this would be a great feature in my STR. It is a older Court and needs some cracks repaired and a new net. The cost surprised me...
I would like to raise my credit score a little and was thinking of opening up another credit card to help. Will it help me, and will one help more than another? Was thinking of getting an American Express. Any thought...
I am trying to find more lines of credit - I buy most of my rentals properties for cash, rehab them, then refinance so when I have multiple jobs going at once money can get tight, especially around tax payment time :)...
My wife and I both have 800+ credit scores (thanks Dave Ramsey). No debt besides a mortgage for less than 50% of our $300+K primary residence. (Thank again Dave) $90K combined income. Recently caught the REI bug a...
I am trying to determine the best way to locate "C" buyers for short sales I am purchasing in Florida. I have the capital and sellers (SS) but I am curious to know if I work with a realtor will this increase my end b...
Is it legal to list someone's home with an agent when I have the home under an option contract? Since I have an equitable interest I suppose I can, but then again, the property is not mine..
Thanks
Hey Guys,I read an article that suggested one way of getting financing when you are starting out is using business lines of credit. It suggested even newly formed business can get lines of credit(unsecured loans) ba...
I have a couple of free and clear rental properties. I'm looking at getting a single, low interest line of credit against the properties. Does anyone have any recommendations on products or financial institutions? ...