Hi guys!It's been several months since I joined BP and I am about to start towards my first step on RE Investing! I am currently in the process of looking for multi-family homes in the South Jersey Area. I have starte...
Thanks to @Brandon Turner's 90-day challenge, I FINALLY picked up my first fix-and-flip property on Dec 27th, 2017. I have held rentals, but no flips. The property was found on Hubzu, and I had made a low bid in the p...
What borrowers say……..And What they really mean
I’m not going to pay any upfront fees………….I won’t pay for an appraisal, title report, survey, accountant to prepare financials or anything else required to have ev...
Hello. I'm new to the forum, although I've been reading it for a long time. My wife and I have two residential rental properties that are not held in an LLC (one is our former house and the other is one we bought fo...
Hi BiggerPockets Community,
I'm actively working on structuring a few real estate deals and am in the process of revising my old funding packets for potential lenders, encompassing both conventional and private sourc...
Hi
So, I'm not an investor yet and still getting my fingernails wet, so bare with me and don't start roasting me, but on what data do you guys and girls rely upon to find deals? Networking is a part of it and will be...
Hi all:
I've come across a deal on an old, 20-unit Sec 8 building being sold at a 19% CAP rate according to listed numbers. Seems suspiciously rosy, but until I can figure out what's wrong with it I'm drawn...
Hello BP,
I thought that I can use my HELOC for down payment. I am in the middle of getting a loan, I was told that I can not use my HELOC because it will be a borrowed money. Can someone explain if I missed somethin...
Hi All,I posted this elsewhere but not much feedback. Perhaps this is the better forum for it.There seems to be 3 common approaches to financing rental properties:1- Buy in cash. Hold in cash. Debt is bad. 2- Buy with...
What are your thoughts about pet rabbits? What experiences have you had with them? Have they destroyed your rental? Have you had a good experience with them? Do you own rabbits? Do you require an extra security depos...