Hello everyone,My name is Joe and I am as green as it gets to investing. I married to a beautiful wife with a wonderful 4 month old son. I am looking to make connections with people on BP and learn as much as I can...
Here’s the scenario:Image you are a complete beginner.You have $40,000 cashAnother $14,000 in a savings accountAnd can draw on approx. $50,000 HELOC in your primary residence.Assuming your goal is to BRRRR, how would ...
I'm looking to purchase some deals with others cash. They want to essentially be my bank. One; How do we go about transferring the cash without heavy taxation i.e. red flags. I will be buying through a n LLC/business ...
Hello BiggerPockets community!
I’m Sa'Mara Roberts, and I’ve been active in real estate wholesaling for four years, focusing on land properties. While I can’t promote my company directly, I’m looking to connect with ...
Does using a stock investment backed portfolio line of credit affect the debt-to-income ratio for obtaining conventional Fannie Mae & Freddie Mac loans? I would like to use my line of credit to flip homes and also...
I currently have a 15 year mortgage on a rental home I bought 8/1/16. My rate was 3.25% I have a renter in the home and I just break even every month. When I bought the home I was not interested in cash flow, just p...
Like many in the STR community we has switched our target from STRs to Boutique Hotel investing. We have honed in on a great property with tons on potential here in Richmond, VA. As expected the banks I've talked to t...
I would like to hear from investors who have bought empty lots in an urban area, or just outside an urban area. I am interested from two perspectives:1) Buying to sell as a lot. Essentially a longterm 'lot flip' based...
I have 60K to use in order to buy and quickly sell a foreclosure. It would be great if I could buy and sell 2 properties between now and Dec 31, 2019. I would like to know if 1. You think it’s possible and 2. I’m tryi...
Hey guys,I recently came across a property that is up for probate auction this Sunday. I have thoroughly researched the property and have decided to purchase it and have secured financing for the property and repairs....