Oswald Gomez
Should I establish a business entity for my first rental?
25M from Sacramento, CA and I bought my first rental home in June of 2019. I plan on purchasing more once I save up enough for closing costs again. Now my question is, should I establish a corporation entity for my re...
Ophelia Nicholson
Latest rehab pictures
Hi everyone- I haven't really posted in a while but wanted to post pictures of my latest kitchen since I'm especially proud of the results- enjoy
Here are a few fuzzy before shots of the kitchen
Casey Williams
Net Present Value Discount Rate
Hello,Newbie here that is just in the information gathering stage. I'm reading Frank Gallinelli's Cash Flow book and had a question about calculating the Net Present Value for future cash flow's. If I understand the c...
Jonathan Orr
How does a construction draw work?
Hello all. I am in need of some help. I have a few properties that I am rehabbing and one property that I would like to build on.I have been talking with banks about construction loans with fund controls. However I...
Tenzin Samphel
Albany Multifamily Contractors
Hi guys,I am currently looking to expand my portfolio in the Albany/ Troy/ Schenectady region with a partner that lives close to the region. We are looking at value add deals that need low to medium rehab work. We're ...
Cat Calvosa
First Investment Property. Sold for $306,000
Investment Info:
Single-family residence other investment.
Purchase price: $214,900
Cash invested: $12,000
Sale price: $206,000
I lived in this home for a year, then did a house hack and rented o...
Dax Gurr
Seller financing (wrapping the morgage) a preforclosure
We are in the initial stages of looking at a deal where the house is in Pre-foreclosure. We are thinking this would be a good mortgage wrap because the owner has a little equity but not a ton. We would like to catch ...
Michael Adamo
Seeking Advice: Starting a Private Lending Business for Non-QM Clients and Underserve
Hi BiggerPockets Community,
I’m in the early stages of launching a private lending business and would love to get some insights and advice from those who have experience in this field. My goal is to focus on non-QM (...
Romir Talley
My view of life new member from Pittsburgh PA
Hello everyone!I feel I can't just settle for anything anymore from here on out. I'm going to live my life to the maximum of ability. yeah I now life could get mix up with problems at time but overall. Are they really...
Satish Boggavarapu
Assessing project viability
I am new to investing and wondering if I can get guidance on evaluation of a ground up construction. What min cap rate makes it worth it? Do you calculate it assuming its 100% full? It may take 2 years for a ground up...