Art S.
S-Corp purchasing rental property - needing cash out line credit
Hi all - here is my situation. I am a 100% owner of an S-Corp for the last 2 years. I made some money in advertising. Now that is winding down, I am looking to get into real estate.The funds are currently under the ...
David Chapman
New Investor from Dallas, TX
Hello all,Hi, new member at BiggerPockets. Brief intro: My family and I have just returned to the US from an international job assignment, and we have settled down in Dallas, TX (where I grew up). While overseas, m...
Willis Nan
Oil Tank Sweep for 1990s House in New Jersey
Hi guys,I have a question in regards to home inspection.We are planning to purchase a house that is build in the 1990s in New Jersey.Should we do an oil tank sweep? The owner isn't able to provide docs to show that th...
Chris Thomas
Cashflow or Appreciation
The topic has been discussed a million times in a million different ways but I have an opportunity to purchase 4 small 3bdrm homes for around 115k. They are in a economically depressed rural location and will be HUD p...
Bud Dwyer
D area properties eating my cashflow, time to sell?
Back in 2016 I bought three 4plexes in Phoenix, one for $176k, and two for $190k. Sometimes they have made $4k a month net, but quite a few months they have lost money. Last year they lost $30k total due to needing ...
Account Closed
section 8 renters zip code 60651
In the process of purchasing and rehabbing multi unit, 2 units: 2ba 1 br 1100 sqft in the 60651 area code. Upon completion of rehab I plan to use section 8 renters. I have had a not so pleasant experience with sectio...
Cristin Andrews
HELOC/Home Equity - divorced but ex still has title claim
I have 95% of my primary residence paid off (200k equity) and am looking at a HELOC or Cash out Refi to invest in real estate and also thinking about paying off the remaining 5% with these funds so I only have one pay...
Pete Fiorini
Strategy for financing a 20 unit property
I have done several flips and now trying more buy and hold multifamilies. Own 2 multis. Now looking at a bigger 20 unit multi but do not want to tie up several 100k in cash or equity.Wondering if anyone has any othe...
Susan Clough
New Member Southern Maine
Hello BP!My name is Susan Clough and I am new to the site.My husband and I run a seafood business in Southern Maine. We are interested in fix/flips and buy and holds, preferably single family and multis that are four ...
Steve L.
Class C, Mixed-Use Retail/Residential Insurance
I bought a mixed use property in December that is Class C in very blue collar city in California. Roughly 5,000 sq ft of Retail and 2,000 sq ft of residential. I have it free and clear right now. Insurance quotes a...