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I have two major issues with Bigger Pockets. Before I get to the issues I want to point out Bigger Pockets is a great website for networking, free information, investing strategies and many other things. Overall I t...
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Hello BP community,
I have observed a lot of confusion on the forums about financing options and the availability of programs for RE investors. As I have gained a ton of knowledge from the forums in my own journey, I...
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I think with the economy the way its headed there is going to be a need for more affordable housing.
Wanted to hear from those of you who are successful in the C and D class property niche. How many properties do y...
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Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...
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I am wanting some feedback about using a revolving credit line to buy SFRs. Here is the context: I own a few houses outright and have others with mortgages. I use a local bank for my mortgages. They are willing to ...
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This is a new one too me I just paid off over 40k in debt. Most of it was line of credit debt that I had. All of my lines of credit where all used up at 100%. I decided to pay everything down to 0% line of credit and ...
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Merry Christmas BP family. Anybody use revolving line of credit for flips?I got an offer for a line of credit 5 million. Term is 18 month, interests rate one month libor plus 7.25%. 75% LTV.Legal/ documentation fee ...
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Attention!!!!
Landlords / rental property owners in affected areas of the Covid19 pandemic
The SBA Economic Injury Disaster Loans (EIDL) are available for rental property owners if your state has already made th...
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it's expected 900% in certain way that unemployment would raise more than current 3-ish to 5-ish next year and higher chance of recession signaling Fed to post 75 bps rate reduction in 2024, question would be whether ...
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My girlfriend and I are trying to buy a 4 family home in Rhode Island. We want to live in a unit and rent the other three units (House hacking). My girlfriend seems to not understand why we need to house hack opposed ...