Henry Lazerow
WARNING! Do not get your heloc through Bank of America
I started the process over 3 months ago. They quoted me at 85 LTV, I then confirmed a month letter once assigned an agent told her my building was 4 units and she quoted 85 LTV and about 1.25 over prime. Then another ...
Michael B.
New guy from Milwaukee
Hi everyone! A little about me before I was an aspiring investor: I was in the military for a number of years before becoming a military contractor. When the military contract money dried up, I decided it was a good...
Jennifer Ceren tapp
Lien Repayment
Hello all,I need your guidance please! I have found a property at auction that is a massive deal. I did my due diligence and discovered it does have a lien against the property for a balloon mortgage of ~44k. Even w...
Robert Angle
Returning Novice Investor from Stow, Ohio
I'm pretty excited to have stumbled across this site. So much to read. So much to learn. A Facebook ad took me over to Connected Investors where I registered for a free account and discovered their "Exactly How" podca...
Toan Hoang
WHY did you start investing in real estate?
Many post with HOW someone got started in RE investing. But I was curious on WHY you chose real estate? Was it your mother or father or relative you admired? Was it just intellectual curiosity? Was it some infomercial...
Bobby Shell
5 Years - the greatest journey of my life
5 years ago i discovered BP. After a year, I took a dive into a single family and got 2 rentals. Fast forward 4 years later, I am an LP in 6 commercial deals, and a GP in 2 deals closing this month. This community and...
Jorge Abreu
Establishing an Effective Team and Documentation
When it comes to the real estate business, one document is crucial: the operating agreement. It's the plan that describes each partner's roles, responsibilities, and remuneration structure. A detailed operating agreem...
Ivan Ganza
New Investor from Calgary, AB, Canada
Greetings,I am a new investor, living near the Calgary area. We've been here only about a year and moved from Toronto previously. I currently work as an IT Consultant. However my goal is totally financial freedom -...
Rick Im
How soon can I convert a rental property to my primary residence?
I recently purchased a rental property and discovered it needs more extensive repairs than I originally anticipated. If I rent out my current primary residence, I could generate over $1K in positive cash flow, so I'm ...
Parechay M.
Newbie Working on Financial Freedom
Let me start by thanking my parents, mentors and everyone in the bigger pockets. I came to USA in 2014 with just $400 and joined a 2 year Master's in Computer Science Program in NJIT,i completed this in just 10 months...