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Results (1746)
Ivailo Dimov My commercial lender is having me pay for construction funds it hasn't yet disbursed to me yet. What do I do?
25 January 2015 | 6 replies

Hi,I bought a home on a commercial renovation loan structured as follows. Before construction, the home was appraised for $80,000, and after-complete the appraisal value is $120,000. The lender was supposed to disburs...

Nathan Patterson Finally Did It; Purchased First Rental Duplex.
6 March 2024 | 17 replies

Well this was a long time coming, but I finally did it.  In October of 2023 I was able to close on my first property.  I will include numbers below.  What happened after that....an immediate eviction.  Luckily it wasn...

Jason Merchey The Definition of "Contingency Fund"
20 December 2013 | 8 replies

What do you all think the definition of a contingency fund is? I am the money partner on a major rehab project - my first. My business partner is an architect and is fairly knowledgeable about the market, which is...

Brandon Walason Buying First Property In Rhode Island
22 May 2020 | 10 replies

Hello Everyone,I took a hiatus from studying REI and from Biggerpockets, but I'm glad to say I am back and ready to go! My wife and I are currently going through the pre-approval process to buy our first property. We ...

Mary Kim 3 Year Cash Flow Goal
2 May 2021 | 8 replies

Hi guys! I’m 21 & am making 75K + 2-3K(ish) per month in commission. I have about $35K saved up & would ideally like to use maybe 20K on my first investment property. My credit score is something like 730 as w...

Peter Sheehy Looking to invest out of state.
18 September 2022 | 7 replies

I want to start investing out of state and wanted to see how people evaluate markets.  My market is far too rich for my blood at the moment, but I want to be in decent markets and I'm not sure how to identify those.  ...

Hannah Vohs 10 Mistakes Every Real Estate Investor Should Avoid
14 February 2024 | 0 replies

Being a real estate investor is an enticing aspiration that comes with many rewards and benefits for savvy investors. As a separate asset class, owning real estate investment properties has become one of the most popu...

Thomas Duhn Talk me off the ledge
27 December 2022 | 15 replies

I have been running deals for practice. In running an STR deal, I found a huge return. I am analyzing the deals based on monthly cost and using AirDNA to determine a recommended daily rental rate. Similarly, AirDNA cl...

Christopher Lessing Hiring a Home Inspector for Investment Properties
7 August 2019 | 13 replies

Hey Guys and Gals,I just wanted to start a poll of sorts. I am interested in how many of you hire an inspector to check out investment properties before you buy? For fix-and-flip, do most folks just ask their general ...

Sally Hanan Using hard money and personal loans
25 January 2019 | 15 replies

As a first-time flipper of a SFH with a goal of making at least 10k on the project, would you recommend financing everything with hard money (10.6% and 3 points, loan for $189k, interest $1,717/month) and a personal l...