Account Closed
"revised" bailout helps us right?
ok now that paulson changed his mind and will now be injecting capital into the banks rather than directly buying the troubled assets, im thinking this is great news for RE investors right? i feel the bailout was a jo...
Nick Jenkins
Closing a house without seeing the inside.
Hi, So here's what is going on: I am working with a seller who has a home in an equity position but needs to sell the home very soon. The problem is that the seller would rather let it go and lose the equity than allo...
Dayton Rowe
Things to know when purchasing first rental property
Hi,I’m 18 years old and very interested in purchasing my first rental property. Are there things that you wished you had known when buying your first rental property that could be beneficial to me? Or are there just s...
Clint Harris
Poll, what is your acceptable Cap rate?
Interested in hearing what different people have to say. I’m currently evaluating a triplex in Wilmington North Carolina, Gross rent multiplier is 8.1, net income after financing is solid, Cap Rate is at 6%. But that ...
Kelly P.
Seller financing down payment - deal term ideas
How do I structure the offer asking seller to finance the down payment? I qualified for a mortgage (excellent credit; solid W2 income), but don't want to use my own money for down on 2nd home. Seller has $175K mortg...
Jeremy Porter
How Granite Countertops Can Elevate Your Rental Property's Appeal and Value
"Creating an aesthetically appealing rental property is essential for attracting tenants and increasing property value. From stylish interior design to modern amenities, every detail plays a crucial role. In this blog...
Andrew Butler
1% guideline exceptions?
Hello everyone.I am a new investor and have not done my first deal yet. I'm in the middle of reading the recommended books and going through "literally" all of the bigger pocket podcasts.I understand the 1% guideline,...
Michael Perna
David Greene!? Crypto? Scam!?
Hello! Has anyone worked with David Greene!? i feel like I’ve been scammed out of my money and it’s very unsettling from such a great place like Bigger Pockets…I invested $5000 into his crypto trading platform, a...
Cory Baker
Wholesaling: How do you deal with Non-refundable Deposits?
Seeking Information:Some of the other wholesalers have a $3500 non refundable deposit to contract with them.Is there a simple work around to this?I think I saw where someone put down a $10 deposit and a clause that th...
Kory Lutes
Forming an LLC for an owner occupied?
Hi,
I've been doing some reading and have found some mixed reviews on whether I should form an LLC and close under that for my first multifamily property purchase. This will be an owner occupied property. I've read s...