Michael Benton
Bought my first SFH, but now what!
Since my last post I used my VA loan to purchase my first SFH as my permanent residence🤗. My plan was to live in it for a year and then rent and buy another. However, I hoping to get some advice on my next possible mo...
Milton Baskett
Financing Options for First Investment Property
Hey team, new to BiggerPockets, and my wife and I are looking to begin our property investment journey. Thanks for having us. Getting down to it, we have a primary residence purchased using a VA loan and have refina...
Jacob Stahl
Home equity or cash?
What would be a better option for the 20% down payment on a commercial property - using all cash or taking out a home equity loan or partial of each?Using all cash would hurt my reserves, but would be able to cash flo...
Wayne Poisson
Obtaining a U.S. mortgage as a Canadian
Hey all, I’m looking to purchase a rental property in Cleveland, but I’m getting mixed messages about whether or not I would qualify for a mortgage because I’m Canadian. One broker told me I need a residency visa (but...
Saige Wigge
House Hacking Advice
Hello! My wife and I are about to buy our first home. We are both pretty young (22) so we are not walking around with tons of cash, but we think this is the perfect time to start investing. We are going to buy a duple...
Account Closed
First time RE investor. Please poke holes in my strategy!
I’ve (29M) about $250k saved up. Don’t own a home yet, but I’ve been planning to buy one for a while now. Instead of buying a single family home, I’m thinking of buying a condo outright in cash, rent it out so I can s...
Shalanna L. Pirtle
Questions, questions - what is the best buy-and-hold strategy?
BP Family, deciding which route to take to take to acquire a rental property and would love your two cents. I live in Charlotte, NC and own my primary residence in the fastest growing region of the county. I am debati...
Deanna S.
What is the reserve requirement for a nonrecourse loan?
Hello BP experts.  We are negotiating an offer for a property (a duplex) and will be using a nonrecourse loan for the financing.  Does anyone know what the IRS requirements or guidelines are for required reserves when...
Jim Froehlich
Multiple Lot Collateral for Construction Loans or Subordination?
Smart people - if I own 24 buildable lots appraised ~$1.6-1.8 million in total (assessed by town at $1.4M), what do you think is the best way to build out the homes (notionally $300-400K builds/$450-550K sells) and ma...
Stephen Stokes
Next Steps Advice for Rental Business
Sorry for the long post but I am 32 years old and looking for some advice on next moves. I currently have 6 doors; 5 rental 1 primary:-$280K single family home in North East Austin with $177K loan balance, cash flow $...