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Results (10000)
Derek Petersen Are We Headed for a Recession in 2024?
11 December 2023 | 3 replies

Ok, I do admit I watch my fair share of Bloomberg, Yahoo Finance, and several other financial news outlets in my spare time. I am not a “trader” of any investments. I seek long term hold periods of everything I invest...

Nicholas Patrick Do I need to have two different LLCs?
11 March 2018 | 10 replies

I want to set up a solo 401k (from my regular 401k) after I quit my job and go into real estate full time. I understand how to do this and that's not my question. However, I have personal savings outside of my 401k th...

Account Closed Semi-Newbie from Houston
7 June 2016 | 2 replies

Hi, My name is Michelle, I live in Katy, TX outside of Houston.  I'm a full-time engineer, wife, and mother of 4.  I'm new to BiggerPockets, what an awesome resource!  I started my real estate venture back in 2010 whe...

Amadeus Hladun Personal line of credit, should I apply for one?
8 March 2016 | 4 replies

Hi, I was just wondering if anyone could explain any pros and any cons to getting a personal line of credit or any options there are that they know of to have a pool of money to use to finance my deals, because the tr...

Anthony Spera Benefits of opening a business savings account
8 August 2018 | 4 replies

Hey there,I am finally about to close on my first multi-family. The hustle has been strong for 4 years now. I created an LLC a couple years ago and was wondering if there is a benefit to opening up a business savings ...

Gia Hughes Home Warranties on rentals
7 April 2016 | 3 replies

I am new to the BP community. I am in the process of buying a Section 8 rental that has a tenant under lease through June. This will be my first investment property. I was wondering what people's opinions are on getti...

Angela Henderson Getting a mortgage using equity from existing properties
19 March 2016 | 2 replies

Can anyone advise how does the process typically work if you want to pull equity out of an existing rental property to use for down payment and closing cost on a new property? Do we have to do two separate transaction...

Cory Cook Protection against Liability Claims (Insurance/LLCs/trusts/etc.)
24 June 2019 | 4 replies

Greetings BP, My wife and I have four rental properties, all tenant occupied (two in SC, one in DE, one in VA).  We've owned each of the properties for several years, all cash flow, we have 30-year fixed loans on the ...

Account Closed Wholesale Investment in a Single-Family Residence
3 November 2024 | 0 replies

Investment Info:

Single-family residence wholesale investment.

Purchase price: $625,000

Sale price: $700,000

I’m excited to share my recent experience with a wholesale investment in a single-family r...

Nathan G. Security deposit interest
7 March 2019 | 7 replies

My Chase Business savings account pays negligible interest, and I would like a higher interest bearing account in which to place security deposits so I can keep the interest (in Michigan where this is allowed).Where i...