Chris Mackinlay
Coach me through a BRRR
Hello BP. I have a house under contract. 3/1.5. ARV is high 150's. Purchase cost is $104,500. Repair costs including a buffer are $11k.It's HUD, so I am stuck paying closing costs as well. Plan was to do a 20% down co...
Lawrence Jenkins
How to finance through LLC?
We live in Michigan.I took out a home equity line of credit on our primary residence. We bought a 2 family flatRehabbed & moved in 1 of the units & rented our primary residence & rented the other unit.Now ...
Wayde C Hall
Collecting rent through mobile payment
Hello bigger pockets! I was curious about some alternative methods of paying for rent in the "new age". Does anyone out there use a mobile payment service (such as venmo or cashapp) to collect rent. Planning for a ...
Jacob Budzynski
Collecting rent through option agreement
I have an option agreement to buy on a triplex. I gave the seller a down payment on the option, I also keep the rental income from the property in return paying the seller a monthly payment. My question is, since I am...
Courtney Rollins
Newbie working through closing process
Rising tides lift all sails.. I am so grateful for the Bigger Pockets community. Folks are so generous with their knowledge, resources, and are so willing to take this hike together. My fiancée and I have began our...
Nick Rutkowski
Purchasing a house through Venmo
Just curious if anyone has purchased a house through Venmo or other digital cash transfer apps? I’m not interested in doing this just wanted to know if it has been done.
Nathan Goff
Multiple houses through VA loan
Recently bought a house using the VA loan. I'm thinking of refinancing through a different lender so I can use the VA loan to buy another house. Does anyone have more info on this? Can this be done? Thanks! -Nate
Dustin Ruff
Running Conduit through Old Chimney
I owner occupy an up/down duplex built in 1900 in Minneapolis, MN. There’s a chimney from the basement through the roof that has 2 vent pipes for the boilers running through it, but is otherwise obsolete. I’d like to ...
Montez Greer
Made an offer through text
Good Morning BP. I made an offer on a SF House (For Sale by Owner) this past Sunday. My primary mode of communication with the seller was through text. So once I ran the numbers and found a number that worked for me, ...
Michael Porter
FINANCING PROPERTIES THROUGH AN LLC
My credit is not the best but he can get approved for a loan with his name. If we start a LLC together, will my credit affect the chances of getting the loan. I figured we can put the loan and property in his name a...