Gary Green
Suggestions for saving for first investment property
What kind of account or vehicle would you suggest to start saving down payment money for my first rental property? I want to take advantage of growth if possible, but also want to minimize taxes and fees (penalties). ...
Travis W.
Need advice from veteran investor.. what is my next move?
Hello BP, First off I apologize for what may be a very in-depth/lengthy post. Sorry. :) I will try to be very direct.I purchased a SF house, in a nice town, that's 20 mins from a bigger city about a year ago using a V...
Phillip Dixon
Just starting out- Is this even possible?
Hello!
My wife and I are just working on building up some equity. We have a little bit of a suicide-run plan to try to buy a multi-family, and looking for a reality-check if we're going to hard, or perhaps into somet...
Michelle Harrington
HELOC, Home Equity Loan or Your Savings?
Hello Bigger Pockets Family!
Just wondering, if you are a new investor buying a rental property and you have an equity from your personal home, which one would you use for a DP? HELOC, Home Equity Loan, or your savi...
Colleen F.
Security deposit - no forwarding address
Ok so I called, emailed , and texted and got no address to send security deposit to. I then sent the security deposit to the rental address and the tenant has no forwarding address order so it was delivered to the...
Baishakhi Taylor
Down payment on a rental property
Hello! We are looking at a two unit rental. Our lender is saying that for investment property we have to put 30% as down payment. Is it better to put a higher down payment and have more cash flow or save on downpaymen...
Joshua Hughes
How do I buy(set up) buying House Hacking#2
Alright guys so I finally committed and bought my first house! :) Closing was definitely a new experience- I am glad I was able to use the stuff I read about over the several years of analyzing. Now to my question - G...
Jorden House-Hay
How We Chose a Long Distance BRRR Market
Why all the effort?
When my partner and I decided to start a real estate investment company at the beginning of 2020 we had most major questions answered.Our goal was to use the BRRRR strategy to buy single family ...
Bryan P.
Is this overleveraging?
I currently own two rental properties. I live in a rural area and my wife and I make about 55,000-60,000 a year. We live modestly as she stays home part-time with our kids.
Anyways, one of our properties cash flows...
Jim Fredo
Lender recommendation needed
Does anyone know of a commercial lender, who loans in PA, who permits income-based appraisals for residential rentals with less than 4 units?