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Hey everyone, I’m very new to Biggerpockets, but love that there is such a huge network of experienced/aspiring investors. A little bit of background, I’m an accountant, and I have 1 rental property. I have $100,000 l...
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I need to change my old SUV that I used 100% for business and I have a couple of questions that I need answer on before I will make my decision.I base my thoughts on fact that president signs $500,000 section 179 dedu...
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Hello BiggerPockerts family. I'm new to the BRRRR method, what are the requirements needed by a hard money lenders to fund a project. I'm looking to invest in Ohio state.
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Hi BP fam! I am an active development manager that focuses on the construction and design management for 150+ room hotels on the West coast. I have been in this field for nearly a decade and feel that it is time to pu...
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Morning everyone!My question is in regards to multiple purchases affecting each other in regards to lending. We're in escrow and closing on a condo in FL on October 8th. In the meantime, I'm also shopping for a SFH in...
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Hey everyone, I'm looking into my first rental property and I will be using a property manager. However, I wanted to know what a fair deal would be? One of my relatives has hired a PM for their rental. They charge 10...
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My husband and I own an older house with a barn. The barn has been converted to a live space and we have our business on the first floor and live above it. We rent the house as two separate units and use the garage to...
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Hi all,I am getting a lot of conflicting inputs on what can be done with the VA loan on multi-units. I am hoping the BP community can point me in the right direction. My understanding was that you can purchase up to a...
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How does the process work when wholesaling a REO property? I understand I need to reach out to an agent and provide a proof of funds letter and EMD and I’ll need to double close on it but what else is involved and How...
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Question:What happened to your mortgage / loan when you finally get the house, and how is it related to the federal funds effective rate? my very base level understanding is that your mortgage lender sells the loan an...