Hi, I'm new to biggerpockets and looking for some advice on first time lending. I am thinking about privately lending to a friend who has many years of successful REI experience. One of my concerns is usury laws. I li...
I have a general question for all of the investors out there, what do you do with your personal residence?Did you establish your primary residence before or after you started REI? Do you rent or own?I'm interested in ...
Rookie question time. So, I have been poking around this site for a while and decided to sign up, because I cannot get my head wrapped around something. I understand how LLC's can benefit/insulate an investor if str...
I paid cash for a property and the bank will only loan me the amount of the sale and not include the cost of the repairs and rehab on the property. My understanding is a bank will do a construction loan and then lend ...
I’m in the process of buying my first rental property and I don’t want to rent to smokers. It’s a personal decision but I don’t want to it harder to rent out my property. What do yal think?
I am talking to a few different hard money lenders to close on some properties that we will be doing a BRRRR on, and one of them is offering very attractive terms with 100% financing of both the purchase price and reh...
Hey guys,
I'm new to fix/flipping with only two rehabs completed, but just got a new project under contract I'm really looking forward to. It's a 3 bed/2ba colonial and needs extensive cosmetic work, and would like ...
I a executing the buy, rehab, rent and repeat strategy. That said, now that I had purchased a property with all cash, rehabbed the property I am ready to refinance and use the cash out proceeds to purchase another pro...
Hey Everyone, my name is RJ and I live in Las Vegas. So I have a Free and Clear condo that I own here that I will be putting on the market for around 140k. Could anyone put me in the right direction of what markets p...
Hey everyone, I am new to bigger pockets. I am looking at getting my first property (house hack) within the next couple months. For the sake of the example i am going to just use fake numbers to see if i understand ho...