Luke Nam
What to do with bad credit and low cash reserves
Hi everyone first off very excited to be on here and excited to learn more about real estate investing. My situation is kinda weird as I started out in real estate about 1 year ago, I got into short-term rentals and h...
Christian Podedworny
Using private money for down payment ?
At this time I’m looking to acquire a large 72 unit deal with OPM for most of the down payment. Example:Purchase price $5,000,000Down pmt: $1,250,000Amt: 30 year Interest: 4.5%Interest only period: 3 years If the...
Jack Presen
Loans
I have a client that I'm working made very clear to me. He wants to purchase a house, commercial property on the same day, and wants the closing on the same day, and want his credit pull only one times to accomplish h...
Jerome Smith
Building credit to get into real estate
looking for the most effective way to build my credit to get a good interest rate on a fha loan. My credit is shot right now but i am in the process of rebuilding. Any and all advice is greatly appreciated. I would lo...
Michael Ablan
Sold FIRST Flip and paid off ALL Credit Card Debt!!! Thanks BP!!
Hey guys! Just wanted to share my most recent success story!Back in Nov 2015 I bought my first property for cash and fixed it up with my father. I had no idea what I was doing, but was determined to make it work. I...
Account Closed
should i spend $10,000 with my credit card to start wholesaling
i know a lot about wholesaling. I am a realtor and do really well. i have enough in the bank for 6 months rent and can use this 10k as leverage.should i go 10k in debt with a credit card to get my marketing campaig...
Chris Wilkening
Dave Ramsey says RE should be 5% of portfolio
I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...
Nic Hill
Identifying a potential foreclosure?
Morning bigger pockets community! This would be my second post on some advise. I’ve came across a property that is in the foreclosure stage. I looked up the property and the man who owns it only owes 13k and some chan...
Donnell D Foster
Where should I start on my journey to successful REI?
Okay so I have started recently becoming more financially literate and career driven and I am looking for some advice. I am currently a server making 35k a year about to get married within a household income of 70K an...
Samual Armentrout
two houses, one long term rental one is my personal
Hey guys long story short i own one long term rental (paid off) cash flowing around $1080 a month, My second home is a 4 bedroom 3 bath house , the mortgage is $1350 and i house hack with two roommates so between the ...