Hello BP members! I am looking for some advice concerning investments with my partner a.k.a. my brother. We were brainstorming some strategies to purchase our first property, we have an idea to purchase one home with ...
Hi BP,I am aware of the 2% Rule when it comes to Real Estate investing. However, does this rule apply if you are not putting 20% down? Reason being, PMI payments could shift your numbers.Should the 2% rule change to a...
I have a property worth ~$30k that my aunt is willing to give to me for later payment. I can't get anyone to buy it outright, but they can put a few thousand down and pay me monthly rent. How will that work with taxes...
Hey you all. I have an interesting situation!!!
I am currently going for my masters in nursing, going to have my nurse practitioner license in 5months or so. in my neck of woods we can make halfway decent in my area ...
Hi,
I'm new to this forum and I come from Geneva, Switzerland in Europe, I found a lot of very interesting informations and rules, like the 50% and the 2% rules, on BiggerPockets but it seems to be impossible to inve...
Hi Guys. Been soaking up knowledge here for awhile now. Reading alot. I can’t get into specifics, but say you a personal connection to access private lenders through a private equity firm...what would you be doing? Be...
This is a 6-plex deal I found, it’s rehabbed, fully rented, numbers make a lot of sense but I can’t get a loan... Everywhere I looked so far Commercial Loans that involve 5 units or more won’t even entertain the idea ...
Hi everyone, I am very new to the community. I actually just joined today after listening to an audiobook called Rental Property Investing by Brandon Turner. I have only read through about 3 chapters of this book, mea...
I bought a property 2 months ago and inherited a tenant and her kids. I agreed to accept the property tenant occupied because honestly it helped me deflect competition and I got a great price. I had the intent all alo...
Last Friday I had a fire in one of my condos. 10 out of the 12 units are inhabitable. I was lucky enough to be one of the two that are inhabitable because I had a fire proof door. I guess everybody else had wood doo...