Hello,I am brand new to BiggerPockets and this is my first post on the site. I am interested in getting into real estate investing and today I was told that my strategy will not work b/c I'm an independent contractor ...
Hello long time lurker here with a question. I am looking to purchase a triplex/quad within the next year through the home possible program. I’m a 23 year old self employed contractor with a 700 credit score.
From 20...
What's going on everyone! I have something big going on and I would like some feedback. What stuff do you put into your underwriting to assure yourself that it's a good deal and it's going to cash flow properly?
Th...
Hi BP, I would like to loan myself 50K from my solo401K to pick up a foreclosure at auction. My custodian says it's my responsibility to administer it. Seeking direction on the best way to do that. I'd like to min...
Many assets bought in the last 2 years face challenges due to floating rate debts. Rising interest rates and expiring rate caps amplify this distress. Right now, there's a wide gap between seller expectations and buye...
I have been researching residential assisted living homes. Essentially purchasing and converting a single family home into a home that will house 8-16 seniors and provide caregivers, etc. Does anyone on Biggerpocket...
Looking to open a Self Directed IRA for my real estate investments. Can anyone point me in the right direction. Im from Chicago but doesnt have to be local financial institution.
This is a great topic, I think we can all benefit from creative ideas. Multi family comes to mind. In a economic downturn people down size. They move from there homes to apartments to cut cost. I would say make sure ...
I have done single family rentals in the Midwest and enjoyed it. Prior to moving to NC for work, Gatlinburg and the surrounding areas are my most frequented vacation destination.
Some background information...
1....
"My wife and I are looking at investing in properties, we are newbies, so! if you have anything that would help steer us on the right path, we would appreciate the help".A background of our current situation.We are Se...