I need some advise biggerpockets community! I have been learning about REI for 2 years now. I've read countless books and 100s of hours of podcasts. The number 1 reason guests have said people don't get started is bec...
Hi BP community, I'm a new investor looking for some feedback: there's a local SFH in preforeclosure and I met the owner in person who told me the reason was basically a misunderstanding: he skipped mortgage payments ...
I'm considering using an VHDA FHA Plus loan and obtaining a VHDA Mortgage Credit Certificate to purchase my first owner occupied investment property. What are you thoughts on this strategy for purchasing a property be...
I recently attended a "Financial Planning" class at my job. Someone asked about the "Interest Only Loans". The instructor said "NO, NO NO". I was wondering why. He didn't get into it he just said it's only good if you...
My mortgage coupons state that the payment is due on the 1st and after the 15th a late fee will be assessed. I started to pay them on the 14th, however, I received a voice mail from the bank that the payment was late...
Last week I met with a local financial adviser. I informed him that I'm a real estate investor, so he suggested Infinite Banking as possible financing option. The infinite banking sounds similar to using $401k or IR...
Hi Everyone! I've been pouring over the forums, books and videos on here about investing in real estate and it has always been something I've been interested in but never knew how to get in until I found this site. ...
We have been debating whether to jump into real estate and deal with tenants and all the other nuisances that comes with property ownership, when we have been happy making 20% in the stock market (and that's last year...
Thanks in advance to anyone who reads this. I have read several book regarding this and somewhat understand the overall jist but was curious what everyone else is doing. I currently have 3 properties in one LLC (cal...
“Mamas, don’t let your babies grow up to be broke kids”When meeting with sellers, your No. 1 goal should be to solve real estate problems.You should tell them something like, “I’m about to ask you some crazy questions...