Hey everyone,
I've found a property, settled on price and received a quote for a loan: 3.5% 30yr. But I had some questions revolving around strategy and how to allocate money.
I can currently save $1K/month from my ...
How many of you recommend forming a partnership to start your investing?
I've got the necessary skills and money to rehab a property to flip or rent but my main constraint is time. My job often requires me to travel ...
Hello BiggerPockets Forum,
This is my first ever forum post. After living at my mother-in-laws and amassing a sizeable savings, I am willing and able to begin the process of my first purchase. I have read several re...
i opened my corp in July and wasn't able to take a wage as the corp made like 6-8k can i just take a distribution, what would you recommend i do?
My name is Kelly Newby, and I have a very NOVICE experience in real estate. I currently reside in the Atlanta, Georgia area. My current occupation is a systems engineer with a fairly large IT company. My ultimate goal...
Hello all,I'm from Wilmington, NC and currently own 1 investment property. It's a 3 bed 2 bath located in the Wilmington area and I've owned it for just over 2 years. So far my real estate experience has been great ...
Is it possible to acquire a 10+unit property (cash flowing) with $100k savings, a six figure salaried job, good credit but no assets nor cosigner?I keep hearing in these BiggerPockets videos that these guys are acquir...
I am 36 years old, married with a 1 year old girl. I live in a Houston, Texas. My credit is pretty good - in the high 700's. I had a pretty decent salary before, but not enough with all of my expenses and dependent...
The main benefit everyone's raves about, in regards to using an S Corp to flip properties, is being able to funnel some of the profits as "distributions" and limit self employment taxes.
However, in my situation my ...
Exit strategy for 2-3 year bridge loan as down payment? The numbers below reflect my best estimate WITHOUT bridge loan paydown. Has anyone used a similar method, or can advise if this deal might be worth the risk?I'...