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What is Hard Money & Why Would You Use it?A hard money loan (also known as a private money, rehab, equity-based or bridge loan) is a specific type of asset-based loan financing through which a borrower receives fu...
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Hi all,I just purchased my first two properties in KCMO and am looking into more. I have enough cash to purchase one more conventionally then I have to start getting creative (portfolio loans, private lending, etc).D...
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Hello, I am a new investor to real estate. I want to buy a home with cash outright, to keep as a longterm investment. Rent it out. I may refinance it later and buy another if it goes along well.
I found a home for ...
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So this was the last day of a fitness/slim-down challenge my extended family and I have been on since January getting ready for a wedding.
This was a SMART (Specific Measurable Attainable Relevant) goal and had a pos...
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Hi BiggerPockets community!
My name is Noah Clark from Poughkeepsie, NY. I am currently living with family in Ridgefield Park, NJ in order to save up money to hopefully get started in real estate investing. I recent...
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I've always wondered which investor would come out on top in the next 10 years of investing.
1. Let's say that Julio buys up $50,000 SFRs and flips them for a profit for $25,000 - $40,000 in the Dallas market. He doe...
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Hey everyone,
So for the past 2 months my brother and I have been looking for 2-4 unit property in Chicago. Our plan is to live in one unit and rent out the other units. We found a place that is listed for $2...
Hello,
So I have decided I would like to enter this market for investing but I find myself in a bit of the opposite situation from most people starting off in RE investing. I have cash but my credit was destroyed in ...
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Hi BP, I am still trying to acquire my 1st buy and hold. I found a quadplex (4 units at 2 bedroom/ 1 bath each) that is in a C+ neighborhood. Here are the numbers. What do you think? Purchase price: $69,000$17,000 o...