Colleen Pelliccia lavin
Lending to first time investors... Are banks looking for certain qualifications besides the money?
We're saving up to invest in the next year or two. If I approach a lender with 20% down but no landlord experience, will there be a problem? How can I prepare now?Thanks!Colleen
Javier D.
Market changing? Too aggressive? Stress testing your portfolio.
Good morning BP. In no way is this a doom and gloom post. Watching the stock market lately and seeing how great the RE market has been since the crazy 08 crash I have been analyzing my properties to see how a market c...
Bryn Chatterton
New to Rental Property Investing
I have been interested in property investing for quite some time now. I am moving into a bigger home for me and my family and have decided to keep our current residence as a rental. Hard to let go of the low interest ...
Susan Steele
Home buying in 8 months - need to buy out auto lease
Will an unsecured lease buyout cause any issues on my credit (other than the hard pull), as we are preparing for a home purchase within the year? I have 95K in cash and do not really wish to pay cash for the auto. Bou...
Sean Starkey
Home equity line of credit
What is everyone's opinion on taking a home equity line of credit to help buy an investment property?
Mack Drake
Business Credit Card: Should I Open One?
Hi everybody,I am looking to get started in real estate investing and am wondering when (or if) I should set up a business credit card that I can use for all of my various rehab or miscellaneous purchases related to a...
Sam Khamvongsa
Looking to become an Agent!
Hi BiggerPockets community!I've been lurking on the site for a while now and have now decided to fully immerse myself into the biggerpockets community by becoming an active member. I just recently finished my educatio...
Chad Rupp
Underwater rental property. Keep it or short sell it?
I would love your advice. Should I keep this rental property or should I short sell it?I have a condo in Algonquin Illinois (3 bed, 2 bath, 1890 sq/ft) that I had bought for $265k in 2006. I have about 40k in equity i...
Al Mac
ACH payments vs Cozy payments, any downsides?
Hi, I just read a very similar discussion where the poster asked about a better method of collecting rents than direct bank deposit by tenants. Some of the comments were to use Cozy or ACH payments? I didn't quite un...
Branden Vandette
Letting a property go from unpaid taxes and credit consequences
I made a bad investment on a cheap warehouse in Detroit for my landscaping business. I paid for in cash for 20k 4 years ago. It's in a very bad area and it got broken into a couple of times. Not feeling safe I moved ...