Stefon Bostick
LLC before purchasing my first property?
Ive been kicking this idea around in my head alot but wanted to know the advantages of setting up an LLC before i purchase my first property. Ive heard mixed reviews on LLC's themselves in regards to having multiple ...
Lynn Gadd
assumable loan rate but need heloc and rates suck
I am looking to purchase a house in austin and found an assumable VÁ loan that would give me about a 3.25- which is great- but i would have to finance the remaining 400k price difference - and with only 100k cash to t...
Dustin Little
What to expect to pay for a VA refinance
I have been receiving letters in the mail to refinance my current VA loan. After about the fifth letter I caved and called the lender, Low VA Rates. I called assuming I would catch them right away in a gimmick. But...
Roy Mitle
How to trust new syndicate
One of my friends has a property under lock and is looking to raise a syndicate. He needs to raise $13M and claims he is investing $1M of his own money. The property will be held as tenants in common and is located in...
Michael Lerch
Investor says price is too high... is it?
I have a feeling the guy is just trying to low ball me into making no money off of this deal, or he may be telling the truth.
This is a wholesale deal
ARV = 34,500 (at least it's what I see in recent comps excluding ...
Yashank Choksi
Is the good time about to come?
Hey everyone,This is just a random question. And here I refer good time to buy the Buy and Hold investments. This question is for Charlotte Real Estate investors, gurus, and agents. So, I've been reading the news abo...
David Richmond
Opinions on debt in a rental properties
If you can pay off the mortgage on your first rental property should you? And is it a viable strategy to then use a HELOC on the (now paid off) rental to buy a second? I ask this because my wife and I dislike debt but...
Adam Silverman
Lowest acceptable preferred return?
This is an open-ended question given the differing types of markets and diversity of assets.If you’re raising money from a pool of investors, what is the lowest cash-on-cash acceptable preferred of return that would b...
Bauclair Mbouadeu
First investment, two major repairs needed
Hi all,
This is my first time writing on this forum, and I'm also a first-time investor. I'm looking to purchase a 3-unit property in Massachusetts. The purchase price is $626k, with one unit delivered vacant, unit t...
Deonte Watkins
What should I do with $100,000?
Hello Bigger Pockets Family,
Im looking to invest in real estate but not quite sure how. I have $100,000 cash but currently do not qualify for pre-approval. How should I invest my money? Should I buy a property in ...