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As a goal setting exercise and to be sure I'm focusing my education in the right areas I'd love your input on the following:I'm seeking 350k+/year in net passive income. How would you design the portfolio? What exact...
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I keep finding incredible properties and have been preapproved for a fix and flip type loan (with 20% down) but can’t get any offers accepted! My realtor (who works with other investors in my area as well) told me tha...
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Hi.
I have 4 rental properties financed through 3 different mortgage companies. 2 of the 3 told me today that they would call the mortgage due if I transfer the property to an LLC.
I am waiting to hear back from the...
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Hey there BP nation! I was just curious if anyone on here has done one of these before? I'm very interested in learning to draft one of these.
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I am looking for any advice on the best strategy to maximize the investment capital I have saved up. I have great credit score also so getting qualified for a mortgage is no problem. I feel like I am paralyzed with ...
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Hey BP Community,
I'm reaching out for some of your savvy insights as we navigate a potential market storm. My partners are feeling jittery about jumping into multi-unit properties (think 2-4 units) before a possible...
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Hello All,
I am a first-time homebuyer looking to take advantage of an FHA loan for my first multi-family property. I've been educating myself through BiggerPockets podcasts, reading forum threads, and speaking with...
After doing some digging around and speaking with several lenders, it seems that the normal guidelines for banks to fund an investment buy and hold property is a 25% down payment, plus 6 months worth of mortgage payme...
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Hello all. So I live in the south bay of Los Angeles (Torrance/Harbor Gateway). My primary property is a 3/2 1266 SF home on a 7500 lot. We have in a hand the permit to build a 3/2 1100 SF home in backyard. I I can ge...
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Hey all I am hoping to get some of the heavyweights to pitch in and help with information on the SAFE ACT.
I have been able to pick up some of it. It has very strict requirements that require every mor...