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Good afternoon BP! I am currently in search of my third property and currently found a property that has tenants in place until the end of January 2023. Its a Multifamily (2 fam) that I intend to move into once of tho...
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Quick question on Net Worth and how it is calculated from a Bank's prospective. Lets say Our LLC purchased a property for 4 Million. We syndicate the deal with 25% down using none of our own money in the deal. Our...
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Quick background for those who are new to REI: For liability purposes, it is generally preferred to hold real estate in an LLC (so if you're sued, creditors can't touch your personal assets, e.g., savings acct, primar...
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Hello everyone.
Gerardo here.
I'm a New Real Estate Investor from Mexico.
I was reading about the latest news that Fannie Mae expects a "mild recession" in the next few quarters.Fannie Mae Expects a Recession as M...
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Hi all, I’m a newbie investor and looking into my first real estate opportunity.I came across Akron, does anyone have any insights on the market there? any tips / alternatives? Thanks!
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Hi BP,I am looking to purchase my first rental property. It is a 9 bedroom, 3 bath, tri-plex. Each unit is 3/1. Property was foreclosed on and is listed at $290k by the bank. Numbers are below:Asking: $290KRepairs nee...
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Good evening everyone, I am new to the real estate investing world, and I’m trying to learn new things everyday. I am looking to get more knowledge on whether it would be better off to sell my current rental property ...
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Any one know of any experienced bankers in Arizona’s west valley? Will be buying a rental property using home equity loan. Plan to refinance to conventional 6 months to a year after. Would love a one stop shop bank th...
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Hello, I'll try to keep this as short as possible. I've been a member here for a few years, but like many life gets busy and you ignore your dreams. I'm back looking to invest in real estate, with a goal of providing ...
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Hi, new member here on BiggerPockets and first time posting on this Forum.
I’m a young RE investor owning mainly 1-3 family housing all at market rate rent via Own and Hold strategy in Queens, NY. I currently manage...