Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
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Just starting out in Illinois from what we have figured out so far I think setting up an LLC is best and pretty simple. Thoughts?
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Even in the peak of the pandemic, i still had to go to work every single day. one would think that i had a pretty secure job...Yesterday the owners of the company i worked at got together to review financials, and the...
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Hey - anyone with design skills - we would like to start making some BiggerPockets T-shirts and other pieces of flare. So - if you have any skill in design, or clever ideas that a designer could do, and want to s...
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I'm almost out of debt. My credit score is hovering at around 610. I don't currently have anything saved but between tax returns and some insurance claims, I should have at least 1k in the bank soon. Once I eliminate ...
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Just passed my salesperson exam and i am now licensed in the state of massachusetts! Whoop Whoop! I am trying to decide which broker to sign with. I have been in contact with KW and i feel the most comfortable there, ...
I own a painting company and I want to start flipping houses in southern NH. Anyone have any tips or words of advice? I have availability to loans with very low interest so my main focus will be short term flips. I wa...
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Good Afternoon,I’m a beginner when it comes to the real estate investing world. My goal is to house hack a multi family unit in Atlanta or the surrounding area. I would like to do this to really kickstart my real es...
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I am a newer investor. I have now started to purchase property in my LLC. I received a recommendation form another investor to use Quicken. So I went ahead and purchased that. Did I make a mistake? Everywhere I l...
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Hi all BP folks! I've been evaluating the RE market in Peoria, IL. In my opinion, population growth, job diversity, supply demand, and a few other markers are making me feel okay with investing in MFH in this market. ...