I hope everyone is having a blessed day, I currently work a job in logistics and after everything I am able to have roughly 3000 in free cash flow (I am fairly frugal). What would be the best way to use that to make m...
I was under the impression if you paid cash to purchase a property that you would then be able to cash out refinance as soon as you have finished the rehab and rented the unit out utilizing the BRRRR strategy. I wa...
We have been careful to document and report all rental income to the IRS from our accessory unit attached to personal residence for the past 4 years.In our current application for investment loans our lender is tellin...
I just wanted to share a book that I read recently called The Psychology of Money. One quote that really stood out for me was that money’s intrinsic value is it’s ability to give you control over your time. Most peop...
Hello, I am selling my home in Minnesota. I have an interested buyer with cash offer. Before I accept the offer, I like to see proof of funds. What format of proof of fund is safer and recommended?Thank you in advance...
Hello all: With many of the stories on Bigger Pockets, it seems that there are some states, and when narrowed down certain cities, in the U.S. that owning and renting out residential properties can consistently do ver...
Hello, I’m going to be closing on my first SFR investment property soon via an all cash deal. After closing I’d like to do a delayed finance to use the cash for a second property. The property is in Memphis TN. I ...
Hi BP,I currently have a property on my radar that has the potential to be a great deal. I have spoke with the listing agent and set up a showing for next weekend. However, they are requesting that I provide proof o...
Hello... please help. Closing is next week and buyers have requested an extension. Sellers refused to extend for a number of reasons. Buyers are now stating they will pay all cash at closing since their lender can’t p...
Hey everyone, So I was wondering whats the prototcol for closing costs when it comes to turnkey? When I bought my primary a few years ago I negotiated closing costs and came very little out of pocket. Now with my t...